I'll tell you a secret: stocks are 6-12 months ahead. If you buy financials now and don't short sell them, you'll make much more money.
Tomorrow I'll guarantee we'll have another bull run. From now on, bull run confirmed until November http://www.ridingthedax.com/2008/04/03/another-round-of-fraud-coming-up/ Just go with the flow, fellows. May the Fed be with you.
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A follow up from my post on April 2: S&P500 touched 1200 today, which is 31% down from it's 52 week high of 1576 in October...and no bottom in sight. It did take 9 months to drop 30%, not six months, but we're also down 20% from the more recent May peak of 1440....and like I said, no bottom in sight yet.