Snap Back

Stocks are opening sharply higher after Wednesday’s drubbing. We have not seen the ultimate low for a good rally. That looks to come in February. This little rally should be more than a one day wonder, but if it somehow fizzles out and closes in the red today, look out below! I think you could see one of those trap door, elevator shaft declines that forces a mini panic. I don’t think that scenario plays out, but it’s something to watch today.

Comments

  1. Hello Paul,

    i like your blog very much. Thank you for your Comments. Your Blog help me very much in my opinioun about Markets. Excuse me my English is not so good. I wish you and your family a nice Weekend.

    Kind regards from Potsdam
    Michael

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