A few days ago I received an email after discussing whether we have reached the bottom. As you may know we reached 1997 levels today breaching the 7000 level for the Dow. Is this the bottom? We certainly hope it is, but probably not. "There is no limit to stupidity," my friend claims referring to the market. I respectfully disagree. When we reach 0, it will be the bottom to this stupidity.
So, Is this the bottom? Your answer lies below at the link.