The content of the Barron's article and SeekingAlpha's headline are mismatched. The article was a collection of tidbits, but the parts related to bottom fishing could be summarized to say "If you are going to bottom fish, do it systematically rather than by gut impulse."
Kudos to the author for pointing out that the bears' calls for a sub-600 S&P are no less speculative than the calls of a bottom. The difference is that the bottom-callers are mocked relentlessly (and rightfully so), while the bears are generally given a free pass.
best line in article... "It's fair to assume that plenty of folks were wishing for a rally, half-expecting one after such a straight-line drop, but "most" by definition weren't actively positioning for one despite how it might appear by tracking televised opinionators."
Funny though, this article named exchanges, a few asset managers and one insurance co. Are we to trust these self promotions?
bomba: i like this stock - mdiz.pk - before the jump.
this is the time.
30 minutes ago
Greg Group: I am using the Ivy Portfolio to manage my my limited 401 account. This is a great strategy to determine when to be in or out of the market.
31 minutes ago
bomba: mdiz.pk stock+ tech+profit reasonable,the PRESS RELEASE 23/12/2009,wait months,profit is reasonable this is the time to buy,wait 6 monthe
This news story has 5 comments:
"It's fair to assume that plenty of folks were wishing for a rally, half-expecting one after such a straight-line drop, but "most" by definition weren't actively positioning for one despite how it might appear by tracking televised opinionators."
Funny though, this article named exchanges, a few asset managers and one insurance co. Are we to trust these self promotions?