Was last Wednesday’s snap-back rally a true bottom? We’re about to find out real quick. The market is set to have a serious gap down due to geopolitical concerns, high(er) oil prices, and general apathy on the part of buyers. It looks like the indices will open in the general vicinity of Wednesday’s lows, where buyers should try to make a stand. It’ll be interesting to see if those lows can hold.

As for me, you know what I’ll be doing b/c I certainly don’t like to chase gaps after such a strong move.