kaltbaum email

That was a crummy day for the bulls…finishing at the lows after rallying early…pulling back…rallying again…and then yuck. When markets are oversold and cant rally, it is the worst of all worlds for the bulls. But there will be a better bounce and maybe the CSCO aftermarket will help.

 

We are not even on day one of an attempted rally…It is that gross.

 

I continue to be patient and not interested in pressing any buttons until we get a follow through day and some leadership…for the long side…or a bounce for the short side. Those that have been with this service for years know that patience is a huge part of this game. The ability to protect capital during nauseating markets is key both financially and mentally. There will be a load of shorts on the bounces.