On the positive, although I usually stick to options trading, I had a couple successful trades in SRS and FAZ this week, to help offset some of the beating my puts took.
As far as the market, this has been a powerful rally, but I remain confident that this is only a bear market rally, and that its only a matter of time until we resume to the downside and make new lows. I will leave you with this interesting chart I found posted on another blog.