The Importance of Capitulation in the Market

I think the jobs numbers probably got people scared because what they'll say next is, well, you know, if we see slow down in a housing market, those jobs fall for cliff extraordinarily quickly. So it makes sense just in terms of the data, in my opinion. We were bearish most of last year. In October, we saw the same exact setup and we said it again. You're about to see an 18% run. That's exactly what happened into December. Now what I've gotten wrong is although the market sold off in early December, the recent strength from basically January until now has absolutely confused the shit out of me. But just to say you've been bears and