Monday, April 14, 2014

Some kind of bounce, but will it be a dead-cat or real?

Futures are pointing to a pop at the open, but there is no sense as to whether it will merely be another dead-cat bounce or a real bounce that actually does start a new leg for the underlying bull market. I lean towards the latter, but it is impossible to pick the precise day when that happens.
That said, I'll be starting a regular plan for opening or adding to positions on a weekly basis, similar to dollar-cost averaging.
-- Jack Krupansky


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