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$SPX - per the $SPX/VIX ratio, we are likely due for a short term bounce, but we are a long, long way from "the bottom" of the bear market that just started.

Comments

EMB145EMB145
We'll be at the bottom when people stop trying to call a bottom. I expect this thing will just crater, bounce, crater for good, and then it just bleeds out and flat-lines.  
 
THAT will be the bottom, with none of that "Vee-shaped recovery" BS we saw in 09. 8/22/15
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