Has The Market Bottomed?

Posted on by

SP500 Volatility Indicator 032008I’m not sure yet but its beginning to look that way for now. On 3/17/08 my market timing model indicators registered the highest reading since I started running it. The next three days the indicator collapsed as quickly as it shot up. My twitter followers would’ve known that I started buying funds in my 401k accounts that day and I’m sitting on small gains right now.

I remain extremely cautious and still hold about 40% cash and bonds but if the low on 3/17 holds (1276) then we have a good chance to see the markets recover.

  • http://www.sexyhotbeauty.com/ Sherry

    I say it’s yet another slippery slope with lots of falling daggers. It’s a fine, fine line..

    http://www.youtube.com/watch?v=ewiXA_he6VQ

  • http://www.neuralmarkettrends.com Tom

    Sherry: yeah its a fine line but eventually the slippery slope comes to an end. No one knows when though.