Perhaps we are defining “significant and prolonged” differently. I don’t consider 18 months later a timly buying period, and I do consider a drop of 20% or more significant. What I was more refering to was that abboration we had last November, you remember, the “bottom” since NOT’s and NOD’s were off for one month.

And who knew, comps are irrelevant. Apparently one of the least subjective ways of determining value is pointless!