We are in a selling climax now...It's impossible to say where it will end. But when it ends, it will be unmistakable - a brutal reversal.
And there you go. We got that brutal reversal.
Now whether it will hold or whether it was a IT bottom or Secular bottom or cyclical bottom or a low volume dead cat bounce or a flaccid move unsupported by internals or Fed manipulation (as is associated with every upmoves ) , i will leave to others to comment on.
I still do not have a buy signal. I will post, if i get one tommorow.
Edited by NAV, 04 October 2011 - 09:09 PM.