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Care of @bespokeinvest
S&P makes it 10 for 10 in rallying at least 2%+ on the day after a Monday 5%+ drop. Gained 4.94% today, slightly better than the average gain of 4.2%.
http://bespokepremium.com
one can look at the chart and extrapolate that this time is similar to all the others, and that the market will be up at
some time in the future. At some point the flu will pass, and maybe the oil price will return, however, those are not an immediate given. However, after waiting 100% in bonds in my 401K for over 18 months, I put 20% to work at 20 % down Monday close. I will put another 20-30 % to work at 30% down. But being patient is always a good idea.
The future is always uncertain, sometimes more uncertain than at other times.
sportsguy