The “bottom Fishing” screen inside The PPT has been notorious for catching inflection points in the market. The following is something you never want to see as a bull:
On that note, I’m back to cash as I don’t have a clue what the market will do next. Given all the caution signs, one would think just go short. But, for some reason I can’t, my gut says this dip will be bought.
12631 member, Berto, said it best today, “I don’t have a single thing that doesn’t look like a short. Yet, I don’t want to short either.”
Your guess is as good as mine here, I’ve got nothing.