This is a Bear Market trap.
Do not buy into this rally, even if it last a few more days.
Why?
Because growth in the manufacture and service sectors is slowly dying and inflation, which I always believed was a natural by-product of the economy, is slowly moving into minus territory, which means we hardly have an economy which is also dying.
Lastly I have a bad feeling about Russians war efforts.
A lot of money was made on our last blogs lists of puts to buy. We made 38 points on the vix alone.
joey donuts from the park passed away about a month ago.
i found out at the same time that metro mike died about 3 mos. ago.
hope your all well!
will wait & see if your correct this time!