In edit, I am going to have some lunch, but just before leaving added USPI here at $27.05 and ADRX at $24.17. Keep the fort. (g).
I agree with you, I have gone to just 20% cash, but will download most of the traders later today, the main bottom may not be until October, and it may be lower than the 1238 I have right now. If we ramp to 1322 as you suggest, the next bottom may not be much worse that 1205, however.
Zeev