The run up is over.

Every inverse ETF is firing off a buy right now.  Luckily, one of my practice portfolios i bought 9 short ETFs on the open, which has done hugely today.  unfortunately the other one, the contest, I waited for a pullback.. which never came.  so much for fading the open.    Luckily I didnt do that but I did mess around with buying TNA as I was attempting to pick bottoms.  If I hadnt been so greedy I coulda done well, at least something.  I shoulda just boat the whole inverse shopping cart from the open.  oh well.. I am wishing and hoping (always wrong to do) that there is a bit of a bounce tomorrow so I can bail on the TNA and get positioned on TZA etc.  then just hold them all for a week or more.  Afterhours the ES must be getting hammered.  TNA dropped another 50 cents.   Qs dropped 70 mainly due to csco.  But the SnP did stop at support at 1088 area.   Just a little bounce is all I ask.  I think this market is going down hard.  the technicals point to it and so do the crappy economic fundamentals.