Go figure

Merrill Lynch Sentiment Indicators Still Looking for a Bottom

It should be the responsibility of all reporting to be fair and balanced. To be critical of the Merill thoughts that if we are not at a bottom they shouldn't be recommending that we buy any stocks is not fair. As a good thing, within large firms such as Merrill, there is a diverse culture and difference of opinions. I expect and want them to have differing opinions. It allows us to see and think of things we might not normally see when listening to the overwhelming negative media.

Also, every study will show that the overwhelming majority of investors do not do a good job at market timing. Only a very small percentage of investors will be lucky enough to benefit from jumping into and out of the market at exactly the right time and would be much better off in a good allocation and staying the course.

As for your double short index funds, not only do you have to be right, you have to be double right!