We are getting very close to our cyclical bull market of 2009- early 2010. It's likely that US markets will put in a low between now and early april. Don't be amazed if the US indicies rally 50% to 70% off the lows (It has happened in Japan in the early 90's) . The next biggest shorting opportunity of a lifetime will be when the Nasdaq (QQQQ),Dow Jones(DIA),and S&P 500(SPY) will approach the gap (yellow area) in early 2010, which also will coincide with the long term resistance line. Get your QLD (double long Nasdaq), SSO (double long S&P 500) and DDM (Double long Dow Jones) on your radar screens for some buying soon. For those who like to trade kamikaze-style, BGU (triple long Russel 1000) could do the trick !
Dow Jones (DIA)
S&P 500 (SPY)
Nasdaq 100 (QQQQ)