Is the worst over or is it still to come

[Phaedrus]

Everything seems much more optimistic these last couple of days.

Of course it does - the market is rising!

Maybe the next big leg down won't happen...

It will happen. We just don't know when, that's all. That's why it is important to monitor the overall situation.

What does anyone else think?

Who cares what anyone else thinks? There will always be pessimists and optimists. What the overall market thinks is all that matters.

I should be buying at this stage and then working out an exit strategy if things turn down.

You should have an exit strategy in place before you buy. It needs to be set before you become emotionally involved with the stock.

What does the other momentum daily number next to the 150 represent in your chart?

It is the value of a moving average applied to the base indicator in order to smooth out minor fluctuations.

Aaron, don't base major decisions on any single indicator - you are looking for a broad consensus here. The following chart should demonstrate that choice of indicator and indicator parameters is not crucial - they are all telling the same story, more or less.