Remember February 27, 2007, biggest one-day loss since 2001, yes that was the top left of the pendulum. Unfortunately that was the fast shake of it, so it kicks the start button, now we are moving from left to right until it lost its momentum. Every trader knows how hard it is to trade in this kind of market, where fed wants to boost the economy by lowering short-term interest rate from time to time ,which comfort the investor for short period of time .After those very short lived green days we stuck in the red light for unpredictable time. This pendulum could probably bring the bear down, by hypnotizing the Wall Street bull. Some traders who sold short from the top of the head and shoulder top which started at mid October assumingly they are better off, though long term investors are in agony.
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