mrresponsible

Is This (Finally) the Bottom? Part II

I guess I will respond by saying that the bottom is not an event but a process. The DOW certainly isn't the only idicator. Most of the bottoming characteristics can never be identified in current time. I agree that a recovery probably doesn't have much to do with fundamentals but because of the government interventions, good or bad. Pumping money into the system seems to be the best idea around other than permitting people starving in the streets, which doesn't seem very appealing.