<Is this close to the time for LTB&H?>
Well, I've said "yes" to that question, twice in this Bear Market, and been seriously wrong both times.
FWIW, I think the answer is probably "no", still. I think we are setting ourselves up for an intermediate-term bottom, which will hold for 6-12 months. But I think the market is going to be "range-bound" for years. We will have, as we already have, big rallies, 50% even 100% in the SOX, and it doesn't mean the Bull is Back.
I'm getting ready to buy back CMH, a housing stock, at 10 and down. The stock first hit 10 in 1993. BuyAndHold hasn't been a rewarding strategy with CMH. |
