> We also just passed what in hindsight will likely be seen as a historic buying opportunity. Almost as likely to be a historic selling opportunity. The 35%-i

> We also just passed what in hindsight will likely be seen as a historic buying opportunity. Almost as likely to be a historic selling opportunity. The 35%-ish bottom isn't close to the bottom of the really huge recessions (and every non-stock-price signal is saying "really huge recession"). And the volatility we just saw resembles the movements from early 2008 to summer 2008. Of course, the market can stay up in defiance of any bad news for years at a time, too, if the participants want. We won't have the hindsight until we have the hindsight.