I agree. Getting the timing right is the art but I fear that...

I agree. Getting the timing right is the art but I fear that each bounce is going less than the previous one for a while. I'm not usually a bear but markets go up and markets go down, you have to be able to make money out of both.

Anyone who thinks this is confined to the US is kidding themselves and has not read the international commentaries. I think mighty China has only just passed the Japanese economy and India is way behind that, combined they still don't have anywhere near enough clout to conteract the Yanks, besides which, there most lucrative exports end up there. It's a global economy and this is fast approaching the status of a small global crisis but the biggest in years. Exactly how big it is will not be known until at least October, most likely.