I am not predicting that this market is going to move north or south.(in general)
I am stating as a matter of fact that most dot.coms are going out of business and the U.S. economy will likey enter a high energy cost recession period which will last for at least 2 quarters.
I am also stating that I am being very finicky about where I put my trading money......and am still cash in trading account.
I like firm bottoms before entry based on TA. No pun intended.