during every single one of the last four major bottoms (May 2000, Jan, April and September of 2001, the turnips were early by between a week and two weeks
Zeev, those bottoms were in the context of the bubble, if you count the bubble as the rounding top on most of the major averages since 1997, the bubble top has been broken in the last two weeks, there may be a rally too confirm that top, but it may not, we could just head down in a financial panic, people are puking here, and the mf industry is still way too low on their cash levels.