Sunday, September 7, 2008

Comparing Bear Stearns bailout with Fannie Freddie bailout

Very interesting setups in the markets around Bear Stearns bailout. The exact same setup is present during the Fannie-Freddie bailout. Check RSI levels, Candles, Stochastics and CMF. Do you see the similiarity? Well if the market behaves the same way like it did following the bailout, we are in for a nice run. I have SSO- Ultralong S&P 500 and QQQQ-Oct-48 calls from last Thursday.

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