Dub...
For what it is worth, I am inclined to agree with you, though I beleive the bounce has legs in it yet and am attempting to profit from it as much as I can. It is helpful for short term trading when there is a slightly longer term bias to a particular direction.
As many others have pointed out... big and fast up moves like last nights US closing action are a characteristic of bear markets... (bear market rallies) and I am unconvinced in the longer term (months) that this is more than a correction to the upside of a larger downside trend.
Time will tell and if I am wrong, it shouldn't hurt too much, lol.
;)
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- since no one else has questioned it .. i will
since no one else has questioned it .. i will, page-12
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