{"id":79,"date":"2009-02-04T17:03:00","date_gmt":"2009-02-04T22:03:00","guid":{"rendered":"http:\/\/www.intuitiveinvestor.com\/web\/?p=79"},"modified":"2018-08-23T14:18:17","modified_gmt":"2018-08-23T18:18:17","slug":"update-from-the-bottom-part-ii","status":"publish","type":"post","link":"https:\/\/jasonapollovoss.com\/web\/2009\/02\/04\/update-from-the-bottom-part-ii\/","title":{"rendered":"Update from the bottom, part II"},"content":{"rendered":"<p><span style=\"font-size: 16px;\">OK, so now we are a month and a half past my December 16<span id=\"SPELLING_ERROR_0\" class=\"blsp-spelling-error\">th<\/span> posting &#8220;update from the bottom.&#8221; Recall that in that post I was updating you on the performance of the stock market subsequent to my having said a low was reached on November 20<span id=\"SPELLING_ERROR_1\" class=\"blsp-spelling-error\">th<\/span>. The closes of the three major stock market indices that day were:<\/span><\/p>\n<ul>\n<li><span style=\"font-size: 16px;\"><span id=\"SPELLING_ERROR_2\" class=\"blsp-spelling-error\">DJIA<\/span>: 7,552.29<\/span><\/li>\n<li><span style=\"font-size: 16px;\">S&amp;P 500: 752.44<\/span><\/li>\n<li><span style=\"font-size: 16px;\">NASDAQ: 1,316.12<\/span><\/li>\n<\/ul>\n<p><span style=\"font-size: 16px;\">These three indices have bounced all over the place, and there have been closes approaching these &#8220;lows&#8221; of November 20<span id=\"SPELLING_ERROR_3\" class=\"blsp-spelling-error\">th<\/span>, but none lower. I am <span style=\"text-decoration: underline;\">not<\/span> patting myself on the back, but I myself was curious today to see how my prediction was holding up. The fact that we have had closing levels that are near, but not below, these levels is a strong indication that investors are in a holding pattern and awaiting <em>something<\/em> to shift. Most likely they are awaiting positive economic data. And who can blame them? However, I still consider this an excellent time to be buying either stocks, equity mutual funds, or real estate. All of success in investing boils down to: buy low, sell high. Stuff right now is wicked <em>low<\/em>.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">Thanks for reading!<\/span><\/p>\n<p><span style=\"font-size: 16px;\">Jason<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>OK, so now we are a month and a half past my December 16th posting &#8220;update from the bottom.&#8221; Recall that in that post I was updating you on the performance of the stock market subsequent to my having said a low was reached on November 20th. The closes of the three major stock market [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-79","post","type-post","status-publish","format-standard","hentry","category-the-blog"],"_links":{"self":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/79","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/comments?post=79"}],"version-history":[{"count":0,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/79\/revisions"}],"wp:attachment":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/media?parent=79"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/categories?post=79"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/tags?post=79"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}