Tim Ord compares the current situation with the 1998 lows. Says a selloff in the am, then an upside explosion. He said the shorts were throwing everything everything they had and couldn't get the market down. Ord nailed the 1998 lows within the minute, and went long at or near the exact lows.
Listen 22 minutes into the broadcast with RealOnePlayer to hear how it happened:
Sometimes I wonder what end of the telescope these clowns look thru
that guy's bahstin accent is wicked awesome ("johdan's fuhniture waltham, check out ah fabulous undahprices").
but it's a beah mahket - it stopped bein nineteen niney eight about five yeahz ago. if he goes long and those losahs don't jam it, he's gonna look like a total retahd.