James "Rev Shark" DePorre
Recent Articles By The Author
The easy thing to do in this market is to start hunting for 'bargains' but there really is no reason to think that stocks have found a low.
Trying to guess the exact market bottom increases your risk of buying at the wrong time. There is no way to know how much further the market may drop from here.
My market thesis remains that the recent strength is just a sizable counter-trend rally that will fizzle out -- and keep an eye on jobless numbers this week.
Every significant bear market in the past has seen substantial bounces just like what we are experiencing now.
The biggest positive right now is that volatility has slowed and emotions seem to have cooled.