Markets rebound nearly +500 points from recent Low.
HAHA is my sentiment , the reason its rebounded has nothing to do with the recent data and everything to do with some who think its time to go bargain hunting.
Its called catching a falling knife and it almost always cuts you the first time you attempt to do it.
All these novice buyers the last 3 days will soon get a reality check and lose a big chunk of their money as the next leg down starts in earnest again.
Recent data is still trending to worsening conditions both in the States and overseas.
Time to re-short the market.