/biz/ - Business & Finance

everyone cheering that "the markets are saved"...

realize that we are probably not going back to the historical highs for some time

I still think we are on shaky ground for next week. Everyone remembers what its like to lose money, everyone realizes that the bear market is looming.

More pullback is necessary still before we can continue the inevitable slow grind higher. Next week will be fun.

I said yesterday we will probably see some retracement upwards Friday before more pain next week. Sorry.