20081029 1029 pm. Following from our call on the bottoming of the DJIA, It seems like this may well play out, judging from the calm on the markets today, and yesterday's rally of biblical proportions. We'll have to see reaction to the FOMC decision on interest rates today..... But I am really glad that the shorts and the deleveragers sold at the bottoms on the respective markets capitulation bottoms.(fingers crossed those are the bottoms) Remember, in the days ahead when you see the so called 'deleveraging' selling of equities, pull all the bids, stand aside and let them sell as low as possible.
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