We are betting against Warren Buffett who is buying. He just bought 400m more of bank of america...the worst sector to buy in right now according to the media. I agree with the person who says we test the lows before we go higher though. As my consultant said yesterday, many people in thses markets were not around in the 2000-2001 era when stocks went down every day for months and months. I admit I am only 30% short now but have a sell short stop trigger on the MDY AT 149.55. and it will put me short over 50% of my money. Wish me luck fellow shorts! Im also short a couple of boating co's. Who is going to be buying boats when their house is losing value every quarter?????