Nice call yesterday Cow, that what goes down really fast usually rebounds just as fast. I agree the real thing to watchout for is the slow downward trend, where each day you wished you sold the day before. Only then is the over exuberance in the market finally eliminated.
I think we may have some way to go before things turn around. In my experience in a bear market, the absolute low is usually tested more than once, just as the high was.
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