Who would have imagined a dead cat could bounce with such ferocity?  Anyone who has ever observed a bear market in action, is who!  And you had better get used to it, since this is exactly the way bear markets behave.  One more thing:  Although we “know” the Dow is going many thousands of points lower eventually, that doesn’t mean it will be easy to profit from the wild swings that are gong to take the broad averages to Mindanao depths. For now, however, let’s take stock of this bull phase by sticking with the 1227.25 target given here earlier.  We can always take comfort in knowing that the bear, no matter how devious, is incapable of fooling us as long as we stay focused on impulse legs of minor degree going.  Click here if you want to learn how to do exactly that without my help.  Remember, you’re just six hours from being able to kiss your stock-market guru good-bye.  Traders: As we know, the E-Minis could turn lower with a vengeance without having reached the target.  Although camouflage shorts from within a point or two of 1227.25 will be easiest, I’ll suggest looking for the turn from here on up if you want to be certain of getting on board.