Market Probing Doug Kass' Bottom Theory

Earlier today, enthused by the idiotic futures meltup, Doug Kass of sent out the following tweet: "i am sticking with my forecast that we saw a yearly market bottom last week.. coming up.. hello darkness my old friend $$" which was sent on the heels of this one from July "i beleive today will mark a classic bottom $$." The market is now about to probe said bottom theory as volume picks up. Keep in mind- bottoms are a rounding process, although the classical bottom has now been penetrated.


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