The S&P 500 hit a new 52 week low today 1810, so did the NASDAQ 4209. The Dow almost hit a new low 15503, and then with just a hint that there might be a reason for oil to move up the markets started a brief rally. This brief recovery shows the pent up demand for stocks once a bottom is solidified. Is now the time for bottom fishing; only time will tell but with so many stocks now at bargain prices there is a very real possibility for a large bounce.
Bottom Fishing
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