The Bottom Is In!

“That’s it! The Bottom is in”
If that is how you feel each time the market gaps higher in a primary downtrend, you need to learn to relax and be more patient. If you miss “the bottom” there will still be plenty of opportunities to make long money on a bounce in this bear market. We remain in a high risk environment and bottoms take time to form. Even if you miss a big rally, do not let your thoughts be “I knew it, if I had just…” That is hindsight which is devoid of the economic and psychological pain of the many times you might be wrong in your attempt to buy at rock bottom prices. Only the most aggressive and disciplined traders should be involved in this market.