James "Rev Shark" DePorre
Recent Articles By The Author
The market is acting like it has resolved all the recent fears and worries, but that is far from the case.
Some market participants lament that they missed the moment -- a supposed low of a generation -- but the reality is they haven't missed a thing.
One of the best signs of a better market is the ability to rally on bad news.
This remains a bear market and the primary goal should be capital preservation.
The bounce the last two days was classic bear market action.
Shorter time frames help to control risk when volatility is high.
A deal has been made in Washington, but now is the time to prepare for the next big move rather than thinking the worst is over.
The question now is whether the market will see two positive days in a row or a 'sell the news' reaction.
It's very unlikely that this bear market is going to come to a quick end like this.