We were looking for a short term bottom in the market, and we may have gotten it. The question is whether or not this will be the rally that puts in another top in the market with a real correction that last more than a couple of percentage points.
On the schedule is a rally that lasts into the summer months, get all the individual investors and talking heads on TV extremely bullish, then abruptly pull the rug out.
How many times have we seen that?