Has The Market Bottomed?

Posted on Mo 24 März 2008 in misc • 1 min read

  • Economy tags:
  • Economy
  • S&P500 meta: dsq_thread_id: '2275484003' author:

    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.