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On March 13th (a Friday) I posted “Have We Hit Bottom?” and it seems we did. While the return on the S&P since then, a 49% rise from 750.74 to its 1220.59 close last night. But if we learned anything from the tech crash, it’s that not every company goes bankrupt after a major decline, [...]

Patience / Don’t Jump

One of my regular readers responded to my “Bottom?” post on Friday suggesting that, “[He] doesn’t think that we need to jump up at every spike.” Of course, he’s right, the bottom may be far away, and one should always look at the long term, not seeking inflection points. More important, I appreciate the link [...]