Tortosie wins the day

After last week's dramatic reverse, it is not surprising to see the market to give some (small) profit back.  It is actually very encouraging to see such movement gievn the circustance.  Volume was low, it is, rightly pointed out by many posts here,  due to the labor day weekend, however, it is perhaps implying the gun-shy of bears, at least for the week.

During the weekend, there are a lot of cautious talks, in this board as well as in many financial publications, I have to admit that was also my overall altitude as well.  Is it the correction that force us to re-price risk?  then, the short-lived correction has achived one of its goals :).   

There is an adage saying "ordinary investors fear when should hope, hope when should fear", given the palpable fear almost everywhere, maybe it is the  "right" time to hope.  and hopeful this week is.

What could cause the crecent confidence to be crashed again?  given today's existing home sell and HD's sale of its unit,  it seems like we have to have really bad news to bury this born again bull.

On the other hand, what could be the catalyst to push this market higher?   oversee market?  ...

Sounds like a week of tug of the war?

Maybe this is a the week one should stay with the strong and away from the weak.   meaning baigain hunting or bottom fishing is gone...  while the right strategy should be hold on your profitable trade and adding on more when a strong one dip...

let's see...