As for the current market environment, it’s still not quite there yet. Of course, the major indexes have bounced nicely, but most of the action has been in the off-the-bottom crowd … the stocks that fell 40% to 50% during the past three to six months like the financials, the transports, the oils, the commodities, the industrials and the semiconductors. Please don’t get me wrong–there is nothing wrong with the rally’s strength initially being led by these off-the bottom stocks and sectors. But, in my experience, these names almost always slow down as all the unhappy shareholders who own...