I wrote an article today that I posted over at Squidoo; something I call The Bear Market Daily News. Well, I made some observations while analyzing a chart of the S&P Index that changed my mind about which way I believe the market will turn--at least for this week. There's one thing about being an Active Trader that should be noted; you have to be nimble enough to change your position, go into cash or adjust and evaluate your trades. 

Looking at S&P Futures this morning, they were down -14 points in the pre-market so that definitely influenced my trading today. Just a couple of days ago I was somewhat bullish I think mainly due to the fact that VectorVest, a service of which I am a subscriber, marked a "confirmed up" signal on 3/26. To their credit, they are correct 95% of the time. But if the market does not follow through and at the same time the technicals make sense to me, I have to consider that; particularly when trading options as I do.  As always, I'm exercising caution as a 2009 slide could very well precede any sustained Bull Market action.