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  • The Bottom's Within Sight - Barron's [View article]
    We have been hearing there is or there will be a bottom for some time. It is hard to go into the field when every economy measuring stick out there is crying wolf. One thing is for certain.. nobody knows when it will hit. maybe tomorrow, maybe next week or even next month.. or longer? Oops I just predicted it too.
    I am also sure we have all seen the 50 dma's, the charts of the last 8 dow crashes and every other standard that has happened in the past. The way I understand it is we have barely hit the bottom 3rd on many of these stocks and we have a ways to go. We will be waiting and hope to be in when it hits.. for there is no timing this most catastrophic event.
    Thanks again Eli for keeping us informed. I wish there were more concrete indicators of a more positive move but better to let it happen than guess more.


    Oct 12 12:18 pm |Rating: 0 0 |Link to Comment
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