Seriously, I'm not a fundamental trader or investor. Go back and search a post I made to Zeev for a few of the reasons. It's very obvioius to me that we're within probably 40 points of a COMP bottom that will last months.
Hey, I could be wrong, but I doubt it. What would it take for a bottom then????
I have a timing model I developed and use. We're close to a bounce. I'm starting to get buy signals on lots of individual stocks. I don't think it's a good idea to try and guess if we'll make new highs or not. Lets see when we get there how things look.
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