We got a v bottom in the stock market indices late Tuesday and its quite possible that will mark the low for the week. This is in keeping with my outlook for the next few weeks, that will be intraday v bottoms like Tuesday. It won’t be an easy market to trade. As well, when I look a little further down the road, any rallies will be more about dragging the last bit of money off the sidelines. So I am short term bullish, but intermediate term cautious. So I will only likely trade one position at a time. I don’t want to get caught with too many longs. The fourth quarter may not be at all smooth. 

Thanks,

Joe