Markets continue to lurch from low to low, and there’s not a lot of hopeful news to cheer us up. And that puts us closer to a bottom than ever before. It may take a while for the market to work its way through the bottoming process, but when that bottom is in, the bargains will be very attractive. We’re continuing to work on our watch list, adding a Chinese chip designer that worked well for us in 2009. The company has been under siege from short sellers, but has been holding up well, which is a great sign of strength. Read on for details.