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Whether the bottom is in or not, I'm not sure. I think that bottoms are actually a process, rather than any single event. And we still have this inflation beast to deal with ...
This is my first bear market. In 2001 I was still too new to stocks to really know what was going on, and I was more involved in the futures markets at that time.
I called the top of the least bull run, I had stopped buying stocks as a dividend DRIP investor to invest for the long term actively on July 15 of last year. By February 4th, I knew this bear market was getting started, and that we'd see the high 10,000's again. And the stock market is a forward looking beast. But I thought it would take a bit longer than it has.
I'll agree that this definitely is an interesting market to watch unfold. I usually pay attention to seasonal tendencies, which means that I don't buy or invest in the summer months. But this market has so many deals right now? It's extremely tempting ...
Edit: Hmmmm, my BAC just posted results of .72 a share, street was expecting .54.
Interesting market indeed!
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