I believe the main question before us is simple: how high will the bounce go, and how long will it last? OK, that sounds like two questions, but it’s really one super-question. I feel highly confident that the end of the bounce will take place within the next ten trading days – – probably WELL within – – but it’s important to try to get this right. I suggest let’s keep an eye on Bitcoin as a proxy for the general zeitgeist out there. Yeah, I know, it isn’t a stock index, but it’s the psyche I want to follow, not a specific instrument.
