Bear Market Sally Forth

My own wordplay, a bear market, to sally:

  1. a sudden charge out of a besieged place against the enemy; a sortie

with certain retail overtones. Investor bearish sentiment was overdone.

The rally looks good technically, and that worries me. I want to see money flows driving this minivan of a rally. Sure they’re not bad. This might just be the dead cat bounce. That red dashed trend line is really pretty steep, and the earlier projections, 445, might be a stretch. We got off the bottom okay lots of work to do and the decisions now are not as easy. The big red trap door opens again tomorrow and all your bets get swept off the table. Now its time to check on the FANGS, check on Silver.

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