Is This The Bottom - Update 1
As of October 9, 2008 I had received continued questions from people searching for a conformation of a bottom to the stock market declines and I wrote about the need to be patient and wait for the market to complete the cycle that would indicate a bottom. As the question continues to loom, what follows is an updated answer to this continuing question.
The bottoming process for the stock market requires that the core, long-term market participants decide to either (a) get...