The market keeps deteriorating, but on Friday there was a bottoming tail, which, in my mind had government finger prints (i.e. PPT) all over it. Otherwise we could have seen another Black Monday. Will it hold? Will it lead to a new rally? Don't know, but I am a bit miffed. Another 1987 would have been very, very profitable for me personally. And it would have finally opened up new buying opportunities for all of us. As it is, we continue in limbo. We all know this is fake, it's not a question of if, but when it finally hits a bottom. I would have preferred Monday. Call me impatient... -- Weekly Video Blog commentary on the Stock Market. A stock traders view of what is going on right now, and what I think will happen next. This is not professional advice, it's just what I do, and where I put my own money. For more details, you can visit http://www.oakwise.org to get a full view of my current thought and the trades that I am currently in.
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