"When markets fall like this, I can't help but lick my chops (just a figure of speach) waiting for the inevitable rebound."
hmm. well as shaeffer pointed out monday, there isn't a whole lot of short interest out there in many stocks to sustain these moves up. and with the carry trade unwinding, you're going to have to find real buyers - rather than just speculators - to help sustain the next rally. and with interest rates projected to be up and rising within the next 6 months, any investor is going to be looking for cheap stocks at a significant discount to today's multiples. i think your chop licking is premature.
anyone wanna bet on a bearish engulfing on intc?
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