when will we see the big bounce, page-3

the fear and irrationality which is prevailing now was on show today,the Dow dropped 800 pts to close of around 350 pts.

that is one mad swing and on nothing other then fear except there were some smarties sitting there to take them off the sellers.

I personally do not see a bounce just yet but its not far off.The Dow might get to 8000 before this is over but if you are in the market for longer term there are going to be some absolute bargains in coming weeks.

The US intervention will take some time to filter through and the market will move wildly for a few weeks yet but i expect November/Dec to be a different proposition.