Yes, we missed the rally yesterday. And we also missed most of the decline. Even after the sharp bounce, the Dow is down for the year while we are up. It'd be nice to win every day, but it's not going to happen. Where to from here? The major averages have traced out what MIGHT be a double bottom pattern, typical of every major bottom since the 1987 crash. Upon confirmation of that, we should see the markets (except the NASDAQ) challenging all time highs.
For now, as always, we let the market tell us what to do next. The systems have worked well in the past and are likely to work well in the future. No need to buy out of panic just like we never sell out of panic.
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