Aloha, gentle island man ... hope you missed the bad Hawaiin weather.
And yes, many bottom callers ... but I'm not so sure. We'll know soon enough.
Swim time in Barton Springs, (it's not Maui, but close enough) C.C.
Swim away and enjoy! In August it doesn't have to be Maui- it's a universal time for summer fun everywhere in the Northern Hemisphere. Yes Flossie missed, but she did stir up the trades and the rains a bit. I enjoyed it.
On a serious note, I am struck today by the seeming unanimity of "recognition" of a bottom. The expectations vary from "scorch dead ahead", to "today's lows marked the spot from which the base will be built for the big rally to come"- but the conclusion is the same- UP from here. It's not just here, but all over CNBC- where Maria and company were positively giddy at the end of the day today.
Everybody's looking up. Is anybody looking down (other than for successful retests)? If so they are keeping pretty silent today.
The little contrarian voices who speak to me in my quiet moments are saying "not so fast....countertrend rallies aside, it's just not over yet". I think you may be hearing 'em too.
Very Best my friend, D