Biggest Buy Signal Yet!

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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.

  • N N

    Hi Tom,

    What are your thoughts after today 9/17? I’m thinking a good buying opporunity is setting up here as well…

    Nakul

  • Tom

    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.