Team Player: Bear news came on Friday, they are in a lot of trouble. Stay away from BSC or any financial firm including GS. We are in a bear market, we might see some bounce soon in few days or maybe in few weeks but long-term it does not look good. I am expecting a rally to 1420 soon but I expect the market to decline after that.

Buy SDS after we see a rally to 1420. SDS is an inverse ETF, it moves in the opposite direction of the market. As always, it is for traders only. For long-term investor I would have sold a month ago and stayed in cash.

Latboy: Nice call on the GLD. Hope it works for you.