When Unemployment Peaks, The Bottom Should Follow [View article]
I do believe that market bottom is here as if you read the comments here and not even single one is bullish on the market.
market bottom is when the mood is extremely bearish.
My fund is 100% long in stocks as of Friday.
Of course, I have to buy stocks with undervalued good fundamental stocks. Right now there are plenty. Those stock prices were driven down by fear. Many have pe = 1. On average, S&P 500 pe = 20.
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I do believe that market bottom is here as if you read the comments here and not even single one is bullish on the market.
Mar 07 20:53 pm
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All Comments by James Shaw »When Unemployment Peaks, The Bottom Should Follow [View article]
market bottom is when the mood is extremely bearish.
My fund is 100% long in stocks as of Friday.
Of course, I have to buy stocks with undervalued good fundamental stocks. Right now there are plenty. Those stock prices were driven down by fear. Many have pe = 1. On average, S&P 500 pe = 20.