Wow, just plain wow! With the failure of LEH we might have seen the bottom of the market, or maybe not. My market timing model blew through the roof, a two standard deviation move which is a massive fear event. I’m close to calling this a Black Swan Event or at least a Gray Swan (we knew this was happening).
Whatever it is, I just shot my investment load and moved a lot of money back into the market.
Hi Tom,
What are your thoughts after today 9/17? I’m thinking a good buying opporunity is setting up here as well…
Nakul
NN my indicator is going through the roof so we’ll see if this buy signal was a good one or not. I think a lot of activity now is over blown but we’ll see.