Dow is 450 under water, but the posts here make it sound like we're having a beautiful up day. Sure would seem much easier to be short today vs long prayer mode, calling bottoms being in every hour I have a feeling there will be a lot of these types of days over the coming year. But who knows, dow may be at 40k by then.
Today's bottom seems to me to be "expected "-- Mondays "end of day bears" + todays bottom bears + profit takers from today's bears + smart bulls may have joined forces to go long at that bottom.