In my view we'll be experience more than investor presentations, we'll be getting investor dollars. For me, the big investments havn't arrived yet, but they will shortly given today's initial de-risking.
I wouldn't like to say when, but I'm sure it will be sooner than later.
Even though last weeks bounce after the curtain drop was not created by substantial new investment, I believe it will this time, and tomorrow will probably be the commencement of it. Last Tuesdays's bounce of about 18% before retracting is something we can expect again, although I think this time we'll see less retrace.
Yes, the high liquidity will enable plenty of swings as the traders make the most of the volume, but in general, the forthcoming bounce will continue to roll on down the road.
Like last week, I'm calling for a minimum of a 20% bounce tomorrow with less retrace from it at the end of the day.
If not, I'm taking my ball home and not playing with you anymore .
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