alldonewithtech

Financials: Bottoms Happen When Everyone's Convinced They Won't

Forgive the bears here Tom...they know not what they do. Excellent article and I agree. I've been watching the market and cycles and investing sine the 1970s on. I've seen this cycle in every market downturn and each sector. Very few believe they should be buying (at least starting to) and that's why pessism is so rampant and why stocks are such a bargain...they should be since the stock prices reflect that give-away mentality. Of course, some bad news is yet to come if it is time to buy, remember Oct 2002 in tech?