Bottom fishers were digging up bait this morning as the Dow went from down 100 to up 70 before lunch. With the Russell 2000 tagging its 200-day average and risnig trendline from July it was indeed time. How far will it go? Could be one of those rebounds that gets the bulls dumping their verbal @#$% on the bears again. I hope so. Let sentiment get all happy again and I'll sell the trendline.
The bear is back, at least for a few months. Go ahead and buy something if you wish. I am going to take a nap after a pretty good week.
1 comment:
English please!
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