Morning gang!
Will turnaround Tuesday come to play today like it has during this run? My bet is no this time. With the 950 square out playing out and a change in the character in the big boys on the playground (aapl, rimm, bidu, amzn). We have discussed here the similarities to the previous bear markets and the tests that should come. We WILL NOT KNOW if this is a new bull market until we get the reaction off the first correction move off the bottom. Will we have another 1929-30 market or the 1937-38 or the 73-74 market or better 2003 all over again?
I was sent today a chart of the ewz (Brazil market). Brazil is the largest trading partner with China. It is up 100% from the low not our 30%. It may also be showing the crack in the commodity trade as well. Hit em Hard
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