Dead Cat Bounce, or Have we seen the Bottom?

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But it's not over

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The rally, you mean?

50/50

Could go either way.

But if -- IF -- I'd had money to gamble, i.e., money I could afford to lose . . .

I would've jumped in "long" at the opening bell.

Yet, conversely, if I were, in fact, a paid financial advisor . . .

Advising an investor to gamble on my gut instinct per saying that there appeared to be at least a temporary bottom with quick profits to be made per upside momentum . . .

Well, but I'm not a gambler. I like sure things.

This could be a bear trap . . .

In that all the free money being thrown at the system might prop up the psychology of fear for a short period of time . . .

Until the free money runs dry . . .

And the fear again replaces the greed . . .

(Or not.)

Far from over. The systemic risk of a financial collapse may have been avoided, but that was short term crisis. The recessionary problems still exist, and they are moving down the chain towards the consumer, as people are running out of lines of credit to tap. HELOCs are gone, and soon that will hit credit card default rates (capital one) and auto-loan defaults. Consumer spending will continue to drop, and housing prices have a ways to go (nationally) to reach historical price-to-rent ratios and proper affordability index metrics.