Highlights
- If our call pans out for the S&P to rally to 6000 before much lower prices later in the year, we'll be able to look back in hindsight and easily identify the "classic" bottoming sequence that preceded that rally to 6000.
- Holding through that "classic" bottoming sequence in real time, however, will be much harder to do, and we only compound that difficulty when we expect (i.e., want or desire) immediate gratification.
- It. . .