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Dean M » Comments » BMY

  • Barron's Calls a Bottom [View article]
    In other words you agree with Barrons that we're much closer to bottom than top of 14k.


    On Mar 09 06:17 AM joshuaodonnell wrote:

    > Im calling DOW 4500. Dont believe me? Watch what happens. Will
    > bounce around a little here and there, but ultimately we are going
    > lower. What have we done in the past?
    >
    Mar 10 09:26 am |Rating: +1 0 |Link to Comment
  • Barron's Calls a Bottom [View article]
    I don't see how you can simply ignore the historical data presented in the Barron's article any more than you could ignore the trends in unemployment or housing affordability going into the downturn. Are we at a bottom, no. But stocks are approaching historical levels of reasonable value compared to the past couple of decades. That should make them a relatively safe investment once the economy improves in another 6-24 months but I wouldn't be looking for a raging bull market as some are suggesting.
    Mar 10 08:47 am |Rating: +1 -1 |Link to Comment
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