On 26 April we wrote on Seeking Alpha :
"We have seen the bottom. And if we test it again there is so much cash waiting on the sidelines that has missed the boat that they will be happy, and relieved to jump in.
We don't try to predict direction, but we feel that dips are buying opportunities.
News are horrible and will continue to be horrible for a while, but the market has a mind of its own, and can act in seemingly irrational ways.
Did you ever try to fully understand a woman ? Impossible!
Same with the stock market."