Sonia

V Bottoms and the Twin-Peaked Bear

Every bear market in the past had a nadir that was not recognized until long after the upturn began. Every bull peak was not recognized (or acted on by the vast majority of us) until it was long over. Now the water has gone out of the harbor and all the boats - the stocks we hold - are moving down, financials worse than others. Selling the big losers and buying more stable craft - KO, PEP, JNJ, PG, WMT - at present low prices should bring in steady dividends and gains when the tide of money waiting on the sidelines flows back in.