I am long BGU, QLD,  UYG, SSO and think the market has temporarily bottomed test the lows of November 21. Dow, NASDAQ and S&P 50 are moving higher with strong volume. If we can lose inside the range of Friday than we are looking good. We also see gold pulling back which is a normal correction since the GLD has gone almost straight up from $78 to $98. GLD should pull back to between $80 -85 where I would buy again.

Still holding onto AKAM which could not break down below $17, thats a good sign.