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Absence of negative news, guess what . We bow as we did today with the dow finishing down just 25 points after having fallen 203 points at the opening, the s p actually advancing. 0 and the nasdaq gaining. 5 . We were able to bounce because we are very oversole and a lot of the sellers and the flailing hedge funds gone wild seem to be out of the picture for now or margined out of the picture is like likely. When you borrow money from the broker, you are pushed out of the picture pretty darn quickly by a margin clerk demanding you sell other stocks or else and in the absence of forced selling played a big role in todays comeback. In pack, now weve anyone from panic where we saw the bottom yesterday, some 450 points ago into complacency as in all is well. Many people think were out of the woods, but thats exactly what no bottom until checklists are made of. Checklists that give you a Real Foundation for a move up and not a tradable ....