alancelt

Arms Index Climax May Signal Market Bottom

Spikes can always spike higher and the market could drop further from here. Spikes are only clear in hindsight when the second half of the spike - the return to trend - is in place. Remember how the VIX spiked in late October and again in late November at a lower low. I hope you are right about this bottom, but don't count on it.

You Can't Keep The Markets Down

This is very misleading. The S&P 500 did not exist in 1928 so I have used the Dow as a substitute. if you bought at the beginning of 1928 the Dow was at 200. By the end of 1930 the Dow was at 170 - a loss of 15%, your $100 would be worth $85. At the end of 1935 the Dow was 140 and your investment $70. It was not until 1850 before the Dow stayed above 200 again. Hardly a great investment. So be careful before taking advice like this.