Looks like we have another bottom in place
And it's not because of geometry. (Anyway, geometrical patterns is a poor way to make practical decisions). But stocks are again priced reasonably given the current environment. And the bubble mentality has not gone anywhere. If it had, we could, quite frankly, have the same stocks a little cheaper. But who wants to fight the Fed? We'll go up from these levels. S&P 1200 by November, anyone?