“So, although this decline is different in many ways from other declines, it is also the same in the way it is moving through the cycle. We feel that each week that goes by more indicators are flipping to the argument that this oversold condition may begin to correct to the upside. And keep in mind that in the first 40 days of a new bull market, stocks typically regain a third of what they lost during the bear market.”
The Advisor - Fall 2008