rvantass

The Bear Turns Mildly Bullish

Alan, it is way too soon to call a bottom. With the Democratic candidates all talking about how they are going to save us, and with the negative expectations created by the sag in world markets, my prediction is that the market will open "gap down" this morning, and continue down from there. The rally you expect may or may not develop during the day; my personal belief is that it will not. Today will be a pivotal day in any event, with the volatility providing great opportunities to lose or make lots of money.