An attempt by DaBoyz Sunday night to keep Friday’s bounce alive seems a tad ambitious, but time will tell. They’ve recouped exactly half of Friday’s large loss as of 11:15 p.m. EDT and are just six points shy of a full 0.618 retracement. When the bounce ends, I’ve projected a further fall of several hundred points in the Dow. But I’ve also provided a precise benchmark in today’s E-Mini S&P tout to judge whether the remorse evident as last week ended has given way to the unwarranted giddiness that has been the hallmark of this bull.
