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Thanks SCInvestor. I plan to keep posting until my targets are hit. I sort of consider this my personal journal for addressing this bear market and the outcome from here. Appreciate the kind comments - there tends to be a severe lack of that on this forum.

Here is this morning's financial headline - sound familiar? 32 a.m. EST Nov. 4, 2008Comments: 113LONDON (MarketWatch) - U.S. stock futures pointed higher Tuesday as voters headed to the polls to choose a new president and as some analysts say much of the bad news around the economy and...

Yes, the VIX fell today on a "non-rising" market because the market was very orderly and "normal" today in what has recently been a very abnormal world. The markets are looking for stabilization and appear to be getting it the past few days. Anything that brings order to the markets will...

So my projection of S&P 1075 (50% retracement of August highs to the bottom) seems very approachable at this point. First we would need to break the recent high of 1044 set on Oct. 14th before we made the big final drop. Next stop from there would likely be S&P 1200 which represents at least...

Friday and today's close represent the first penetrations and holds of the VIX beneath it's 20day Moving Average since September 8th. It has been holding as support for the VIX for the last 2 weeks and is finally no longer holding. I find this to be significant as I see the markets beginning...

Now that I have given my opinion, here is a much more thorough discussion of the current "value" of the S&P put into a historical perspective. This is one of the best articles I have read on the potential of this downturn to be the "bottom" by John Hussman...

Here's my quick weekly assessment of current relative strength in the markets vs. the S&P: -Dow outperforming -Smallcap and NASD underperforming -Retail showing sudden strength -Internet underperforming -High tech underperforming -Semi's underperforming -Biotech mixed -Oil...

I am not a "value" investor per se although I certainly listen to those that are to see where we are historically on such matters. The general opinions of those that follow PE's etc. is that we would expect to be no lower than SPX 1200 based on current fundamentals. The value investors are...

One thing is missing from your assessment ammo. The markets factored in a global financial meltdown altogether when we hit the 10/10 bottom. If we don't ulitmately get that then we have a rebound to "fair value". Fair value says stocks recently are ridiculously underpriced by historical...

There is no question we may continue to do some basing here. I would suggest that is what we have been doing since Oct. 10th. However, there is no hard and fast rule that says we have to go sideways from here or back down to retest again. Those traders that stay on the sideline and wait for...

This October close today is the worst month for the SPX since 1987! That's quite a feat considering the strong week we have just experienced. The retest of October 10th has held thus far. The bad news is not scaring the markets to the extent it was in recent weeks. What is a concern is...

Here's some things to consider as the election approaches. Don't listen to anybody that posits an economic advantage for one party or the other. Michael Kinsley writes in Slate with seemingly ample evidence that the economy does better under Democratic administrations. There's a...

I'm curious what effect (if any) the election next week is going to have on the markets. Must be assumed it's expecting an Obama victory. If so, is this good or bad news for the markets - or do they care at all?

Flyfisher, I appreciate your measured response. We don't want any irrational exhuberence at this point do we :p However, I also want to point out a couple of key elements to your comments: -The markets act ahead of the news - not in tandem with it. These markets will anticipate the...

The Dow gained a massive 11% in Tuesday's trading session. Is this the bottom and the turn? Wilbur Ross, Chairman & CEO of WL Ross & Co. shares his views with CNBC's Martin Soong, Amanda Drury and Sri Jegarajah. Watch the following video to get the report...

A seasoned reporter Andrew Mickey gives his assessment of how you find a market bottom. He says we've hit 4 of the 5 goals needed to mark the bottom: 1. Signs of a Market Bottom: The VIX sets new highs 2. Signs of a Market Bottom: Weak Hands Walk Away 3. Signs of a Market Bottom...

I am looking at 50% retracement levels in the range of 1076 and 1200 on the S&P. I see these as likely areas of recovery for the bounce assuming we are safely out of the waterfall downtrend at this point.

Fundamentals will make a difference - in the long run. In the short run this market is being driven by emotions. The VIX confirms this if you have any doubts. The economy is headed down before it will level off and begin heading back up. Nonetheless the markets are way out ahead of the...

Good point - retests are critical and this one held against a lot of downward pressure!! That is not a trivial issue. If there is to be another retest that will probably be a while out from here. Otherwise we go up from here - simple as that. Possible instruments to play the upside...

It's far too early to say how long this market bottom will hold. My anticipation is that it is for the next few weeks now until proven otherwise. It will take a while for the VIX/volatility to calm down to say if we can truly start a meaningful uptrend. This could, however, be THE market...