The Game Has Changed

After four ugly days of action, the S&P 500 finally managed an oversold bounce. It was on very low volume and didn't come close to recouping any key technical levels, but it brought a sigh of relief and helped to stem some of the fear that has been building.

The bears are smirking, thinking this is a classic "suck-in" bounce that will trap bulls into thinking they will get another V-shaped bounce. The V-shaped bounce has saved the bulls more times than I can count, but there is one very big difference this time: The Fed isn't supplying endless liquidity in the same manner....1168 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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