throw out the rule book, but don't forget the rationale of the rules. this market will be bottoming this month.... but don't look for retesting of the lows, etc., all the mumbo jumbo. it won't happen. just watch the lows themselves. JMO. and everything will be exaggerated to fit the gross exaggeration of the bank failures themselves. otherwise, it's business as usual; the market will recover before the economy. be alert.
Back to Where We Were 25 Hours Ago [View article]