Tell me this market didn't bottom at the exact moment of maximum despair, where you realized that February was no better than January.
Tell me you didn't think here we go again -- the same level of entrapment by the bears, where there's no short base and everything falls apart with the tap of a seller.
I think we had a bit of a collective give-up today. There was a sense that it was all out of our hands and in the hands of Russia and Germany and China and Greece, and somehow that wasn't good.
But I have to tell you that the action in today's market said something very different. It said that if you bought weakness, you actually could make money.
So what happens next? You need to see if there is follow-through in the companies that actually said good things. I am keying on United Technologies (UTX), Visa (V), Google (GOOGL) and Facebook (FB). These were all terrific quarters, but they caught one day's move and that's it.
It's tough to trust a market that has betrayed so many and made you feel like an idiot for attempting to call a bottom in a stock that's been going down. There haven't been any.
But I saw a couple today and they made me think, hmm, next dip, we could be OK. Of course, that usually means there is no next dip.
That said there's still plenty that hasn't moved or is well below where it was a few weeks ago. As long as we don't open up big, it might be worth doing some buying of those names, for certain.