Have we seen the lows yet?
Well, we’re oversold and due for a rally. Overdue, really. (Stop me if you’ve heard this before…)
Assuming we get a bounce, I’m still inclined to sell any rips higher that we see.
Someday we’ll buy this dip. Heck, we’ll back up our dividend truck. I just don’t think it’s time yet.
The post Did the Stock Market Bottom Last Week? originally appeared at Contrarian Outlook.