Bounce Week with some thoughts
Early Morning Thoughts
I woke up this morning thinking how precious life is and how trivial following markets is these days. Three weeks in isolation can do that I guess. But then it fits, this is a manipulated market that has few ties to reality.
Handling the Bounce
The conversation out in the blogosphere seems to be is the bottom in and where one should be a buyer when In fact the real question for most investors is since they did not sell before the market decline, where do they sell.
Here is another take on the bounce. I brought up another chart that provides a little different view of the bounce possibility, moves it up to 2778 from 2722.