Don’t get me wrong again.
We have not seen the bottom. We have not even approached the bottom. In my opinion, we are 100s of SP points away from the bottom that may lead to a cyclical bull market. You know my target for SP500: 400-450: Almost 50% from here. br /br /But in trading, you have to capitalize on the moves that are highly probable, that is why I got out of the shorts at 755. I will continue to trade this market on the bear side.
