Early this morning, based on the BOJ approving negative interest rates, DOW futures were up almost 200 points/S&P up 42pts; I was looking for a nice bounce to make an exit...But, approaching the Noon deadline, it just has not materialized. Guess I'll continue to hold, and hope...
While I realize that everyone is impatient for this bear market to end, it will, unfortunately, require significant patience. The markets were hit hard in January, and have essentially stabilized. That's all.
There has been no significant bounce...yet. The faster the bounce, the more likely it will not hold.
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Posted by: sarah_oz@yahoo.com
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