By Patti Domm, CNBC Executive News Editor
NEW YORK ( CNBC) -- Despite the wide swings, stocks may now have seen their lows for the year, some strategists say. However, if the market has set the year's lows, that still doesn't mean smooth sailing for investors. It also does not mean the market will break above its current range, which tops out at about S&P 1250, until more of the uncertainty surrounding Europe and the economy are resolved. "We do think we've seen the low for the year but can't be as confident it's the low for the next 12 months," Brown Brothers Harriman strategist Andrew Burkly said in a quick note. "The can looks to be kicked at least past year end and earnings should be good."
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