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Message: def. keeping the powder dry

Venture's finally cracking today - I was guessing/hoping Venture would not break its June low. Looking good until today - but here we are.

As for the US markets, I still think today or tomorrow will mark an intermediate low. I use a set of 6 oversold indicators to measure this. To mark an intermediate low, all six have to hit bottom and then a turn up in one of them. Yesterday 5 of them hit bottom, today number 6 did as well. We haven't had the turn yet, but we are close. This set of indicators has worked very well in bull markets, but failed miserably during the 08 crash.

I still have a little cash I was holding back just in case. I'm going to bet that we're not going to repeat the 08 crash, so I will probably go all in tomorrow - especially if we get a gap down from the jobs report.

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