Quote from stock_trad3r:
Thanks
Great day so far today
I'm pretty sure we've hit the bottom yesterday and the market will stabalize for the next few weeks before moving higher.
The Dow held support of 13250 before rebounding higher which isa very good sign.
It looks like the LBO & lending issues are behind us now.
Some bears argue that this could be a deadcat bounce but what is important though is how the dow held the long-term 13250 support and rebounded sharply off it.

Quote from stock_trad3r:
The fundamantals are historically strong and I restate that there have been NO negative events to cause this selloff. All speculation. The feb 27th selloff is another example of speculation triggering a reversal. Those who bought after Feb27th made a lot of money in the following months because there was no substance to back up the speculation and the fundamentals were very strong.
Quote from stock_trad3r:
Great day so far today
I'm pretty sure we've hit the bottom yesterday and the market will stabalize for the next few weeks before moving higher.
The Dow held support of 13250 before rebounding higher which isa very good sign.
It looks like the LBO & lending issues are behind us now.
Some bears argue that this could be a deadcat bounce but what is important though is how the dow held the long-term 13250 support and rebounded sharply off it.
Quote from stock_trad3r:
Buy the dip
The markets are vastly oversold based on what? Nothing. No big news at all. The selling in the past two weeks has been pure speculation on some lending stuff. No big deal at all. I can't find a singlke headline that indicates that something is wrong or something bad happened.
snip
If you buy the stocks & ETFs I recommended you will do very well in the coming months.