There are some out there who aren’t as bullish on the financial market. They feel that Wells isn’t telling the complete story, including holding back on the charges stemming from the Wachovia deal. Then there is the better advice seen here. Investors should be cautious and protect themselves with both short and long investment strategies. With your short investments, remember to sell off the gains and not to stay in too long. These types of rallies are irrational and one can never predict what the next day will hold.

I think Steve Miller has the best advice on what to do with the latest rally.

Ouch

Here’s to a better day in the market. The Dow Jones hit a 12 year low on Monday. Closing at 7,115 this is the lowest it has been since 1997. My 401k and IRA are getting killed, but I’m still okay.