Interesting US market - Subprime problem

The downside of having a small account

I just landed myself in a cold turkey treatment yesterday without knowing it. ZzzZzz but i still making money from my sept put contract on GS which i just let it run ... haha guess i have to use another account to trade till i GET OUT OF JAIL being a day trader ... My release date will be next week wed or thur, im not very sure ... yawn

Interesting US market - Subprime problem

Do you really think that the market will recover next week ?
Do you think that the subprime problem will be ease by the injection of fund ?
Do you think that the market will not tank?

Personally i think that this is just the beginning of the subprime problem as it just spread globally. Alot of action being taken to cover the seriousness of the subprime effect. The fact that it is still a major concern to the FED and globally, it will still pose a problem and lead to a tanking in the whole world market.

From the technical analysis point of view , it is good for the market to take a correction or tank as it has been having a hell of bull run for the pass few months. I think is a 52 months bull runs if im not wrong. It is very healthly for a correction so that the market can have another major bull run which i think will most likely start on oct this year.

So i shall just see and go with the trend =)

Have a nice weekend