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Pastimes : Bubble of 2000 - How will you call the bottom?

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To: rolatzi who wrote (6)9/19/2001 3:00:07 PM
From: rolatzi   of 8
 
The VIX is presently in the upper 40's. I won't touch this market until it hits 60.

Five year lows in the DJI have been pretty good in being near bottoms and safe for investing.

For example, the gain 9 months after 5 year lows was:
June 1921 +112%
May 1931 +39%
April 1942 +89%

In 1931, despite the five year low, the economy was still in a deflationary spiral and interest rates
rose during that year. So if interest rates continue to ratchet down and we don't go into a deflationary
spiral, which I assume the Federal Reserve will do all it can to avoid the following are my target 5 year
lows for the popular averages.

Rolatzi
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