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Posted On October 28, 20083 MIN Read
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In order to ensure that you receive an email the moment I post a new blog update, make sure and "verify" your email address via the Aweber email verification process. Everyone that has signed up previously should have gotten this request today. If not, you should simply sign up again.

MARKET UPDATE: This morning (and yesterday) I said that a major bear market rally was coming and I guess a near 900 point move higher in the Dow qualifies. Look, I've been in this game since 1985 and if I've learned one thing in those 23 years its this: you only get these kinds of massive one day moves during a bear market rally. I would be VERY surprised if we look back on this move and said "wow, so that 900 point move up was the sign that the market had bottomed, and that I should have gotten back into stocks". It just doesnt work like this (remember the 900 point move higher of a couple of weeks ago?)...I believe that we will (soon) be going back down and testing the lows.

It's still likely that w...

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