It has been my opinion that a bottom has been formed in this market and some confidence is starting to return..

Mondays are usually roller coaster days with market action after the weekend ,but today the market seems to have stabilized..cautiously but appears to be stabilizing...

By three o'clock EDT all gains made in the session have been leaving with the clock..and except for some last minute action ,the markets have been showing no gains or red..

But today this pattern has been broken and I expect to see the last minute buying action and we will finish higher..

Maybe it is too much Ripple today but we will see when the bell sounds at four..

With a 12% gain today already on low volume,it shows how tightly the float is being held by the faithful...this is a wonderful thing..and just tends to concur with my previous observations that when we take off we are in for a rocket ride..

Stay long and sit on your hands and profit from the blast..

Portee