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