Don't Get Caught In Another Bear Market Trap

The sharp rally off the October 4^th intraday low of the S&P 500 is a result of the assumed prospect of a real plan to save the Euro Zone and the European banks that have large holdings of sovereign debt, and slightly improved U.S. economic numbers indicating that the U.S. may not be in a recession right now.  In addition the market was probably oversold after its rapid plunge below the 1260-1370 trading zone.  We think the market will soon be disappointed on both counts.