Will this market bounce last?

Well the markets over-sold warnings the last few days shone through today! Almost 900pt rise on the DOW at close. No telling how long this uptrend will continue, but I personally have a hard time believing we have seen the bottom of the bottom. Not a month ago we saw a huge jump in the markets, only to continue the drop the very next day. Not to mention that there is still nothing that has been done to really fix the credit problems, so any rally will be more of a pressure relief before more pain follows.

I see another dark cloud in the distance ... credit cards. The economy by anybody's standards is doing poorly. But something about the American psyche prevents them from telling the kids it's going to be a Christmas without a butt-load of presents. So where will all these parents turn to ease the pain of spoiled children who "deserve better"?? The almighty credit card of course! If thousands of American's already can't afford their houses, what makes us think they're going to be keeping current on the credit cards?? Waves of people start falling behind on their payments, and what will that do to the credit crisis? Just something to think about ...

Today's Activity
Bought AAPL Apr 110C - 1 contract for $11.35
- Entered OCO for 5% trail-stop on 110C, or the 75P order from last night.

Updates
FDX is looking like it got the bounce, which cost me a lot of money on that play today. It's really tempting to shed the put while there's still a profit and ride the call up. But the markets are acting so crazy right now I just don't feel comfortable with it. Especially with the Fed finishing up it's meetings tomorrow. There's no telling what that will do to the markets.