As for the current market, I am growing more encouraged that the October 4 panic low represents a sustainable bottom. Now, that doesn’t mean it’s time to load up the truck; in fact, one of the things that few investors grasp is that a new bull move doesn’t start the day a bear move ends. Instead, there’s usually a transition phase of sorts when the market gets ready to make its move. Call it a bottoming out phase if you like. I think there’s a good chance that is happening now as, just on the face of it, most...
