Here are some questions I have gotten over the past few days:
Q: Is the low near? A: I think "a" low is near, but not "the" low of this move. I think we ultimately have much further down to go.
Q: Is this considered a crash? A: No
Q: Is this the greatest buying opportunity of the year? A: I don't think that is the case. I think any bounce will offer a shorting opportunity for more downside
Q: Are you single? A: Yes, I mean no! Today is my anniversary, 12 years!
Q: Why do you keep looking for a bounce? A: Because the market doesn't move straight up or straight down, we are severely oversold, and we have some cycles that are set to kick in across a few time frames. I'm not necessarily looking for a bounce, as much a I am looking for levels to watch to trail stops and take profits if short.
Do you have any questions? Feel free to write me at tinymjs at gmail dot com
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