I'd buyfor shoert term bottoms, possibly, but long term bottoms? That could be years out, who knows? In that case, just keep buying and buying forever. Not being sarcastic, it's just that the 200 MA's are finally rolling over in all the indexes (US), and that implies weakness (or sideways at best) for some time.
traded 1256.50 this morning, bounced to 1284 area then back down! Almost a hundred handles down from the last bounce! Not good for the bulls except the Fixed Income bulls watch out for Bumbling Ben to do something quick!