Yes, I now believe the ultimate low is already in. We're still in a bottoming process but the low will not be violated and we're set to have a really good multiyear rally.
The BEAR is dead, for good. This is "Bears' Last Stand" and the hole underneath them just busted wide open and they are falling in one by one. Sucked in like the Black Hole sucks anything in. Their fate is sealed. Goodbye Elliott Wavers.
It's time to get back in the market on any dips from this point on. But try not to buy leadership of yesteryear (like DELL, MSFT, ORCL, etc.) if you want growth, unless you're investing for dividends. The new bull market begins with new leadership, stocks that have never gone over 10 billion market cap is where you will find tomorrow's leaders.
This leads me back to alternative energy, specifically solars. Most traded around 5-10 billion market cap before they got the rug pulled under them, like STP and SPWRA. It's a great time to get some PBW, as we still don't know for sure who's gonna dominate the industry, although FSLR has a really good lead over all others.
I don't think the solars will be the first to lead, but their time will eventually come and it will be massive. Could be a couple months from now or a year from now. But it will be a certainty. Don't listen to idiots that say alternative energy is a fraud or scam or is dead. They are the ones who will be dead wrong, just like the morons at Goldman Suk said that oil was headed to $200 last year.
For the time being, i'll still be trading and investing in mostly the SPY and, to a lesser extent, UYG and XLF. The SPY is just awesome to trade. You never have to worry about gettin screwed by big overnite news like an acquisition (if you're shorting).
