it's hard telling without a crystal ball. The market has been pretty crazy this month with the continued beating on Monday followed with today's big jump. IMHO...I would like to see how things shake out through next week. I would think some money managers will be doing some year end buying in a oversold market, but I would be happy for a few days of calm that avoids big movements one way or another. The trick might be what happens after that....whether we see a continued bounce in January, a longer term reversal, or more losses.
Sent from my iPhone
On Dec 26, 2018, at 4:00 PM, Robert Stubbs stubbsr@gmail.com [TSP_Strategy] <TSP_Strategy@yahoogroups.com> wrote:
The Dow gained 1086 points (approximately 5%) with the S&P 500 rising 5%. Is this the dead cat bounce that was talked about earlier?
-Robert
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Posted by: Dave Miller <Juneaudave@aol.com>
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