The difference between this low and the November low is that in Nov'08 there was a tremendous amount of selling pressure. We are now witnessing short/medium term buying pressure as shown by money flow and volume.
Volume has been the lowest for a long time - even way lower than Jan'08.
I may well be seeing what i want to see - which is why we need views from other posters. If you see it differently please post.
As Freud said - fear does not take a holiday - ever.
So we may be seeing the final months of the bear market - ok we may have one last sell off on small volume but the end is near - i cannot smell that stench of fear that was in the market a year ago.
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