I was just thinking about how strange it was the way the market bottomed this morning. There was a complete lack of emotion. Its almost as if the algorithms realized that seasonality was turning positive (turn of the month) and the market was oversold and just bought.
This is not sour grapes. Kudos to the algos. It just means that one needs to adjust their trading style to the new realities of the market. Anyway, if every bottom looked the same trading would be easy and we all know that is not the case.