“The bear market’s over!”
“We’ve just seen the bottom.”
“The VIX has retreated; therefore, we’ve hit the bottom.”

This is what I’ve seen or heard since Thursday. So have we seen the bottom, waved, and moved on on merry way?

With all of the talk of the new Bear market, shouldn't keep you from making money on the long side. With every Bull market, there are bearish moves and with every Bear market, there are Bullish moves. Trading the counter trend can be very profitable.

There’s been a lot of coverage recently about the historical relationship between elections and market uneasiness. Some commentators this weekend even blamed the huge selloff on Friday on Obama’s “unfriendly” tax policy and Huckleberry’s “populist” tax agenda.

Rather than getting into all the relevant economic and political discussion, we can look to some, you know, facts...