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[dTraderB]

The good news is the worst quarter in 2008 was followed by 4 consecutive quarters of double digit gains during that memorable bear market. Anyway you cut it this was a really bad quarter, Jan to Mar 2012. Was stopped out twice, and am now short again except for AMZN and ORCL calls. Also traded AAPL calls from 520 after being short with 505 puts (that wasn't as long ago as it may appear) Markets may retest recent highs but if earnings and economic news are not as good as expected then look for a sharp decline in April. May is usually an up month - sell in May and go away.