Freedoms Truth

10 Reasons Why We Still Haven't Hit Bottom

"If there's any upside to this recession, it's that we won't have to put up with all those house flipping shows on t.v where complete morons made a whack of cash just because they woke up that morning."

Uh, they've been replaced by " buy foreclosure" infomercials and 'buy gold' ads.

10 Reasons Why We Still Haven't Hit Bottom

"Most bottoms occur when no one thinks it is. "

A marvelous self-refuting comment. It's tough being a contrarian bear when bearishness is rampant.

I thought November was the bottom, but when it when below 7200, everyone just cr*ppped, thinking "where is the bottom?" As of today we are above several levels of support from that bottom.
We may retrace, but then again buy a company at single digit PE that will survive until 2011 without going BK and you'll have a winner.

It is probably a good time to buy if and when it retraces.

Week in Review: Market Uptrend Broken, Will We Return to November Lows?

"While I am very skeptical of the economic plans of the incoming administration, most people are not ..."

I am skeptical too. So are most people who know that the history of socialism and keynesianism is a history of govts failure to fix economies via govt planning and spending.

But those idiots who are putting faith in the semi-socialist economic plans ofthe Democrats dont have money to invest in the market.
And if they did, yet are still foolish enough to buy into the Obama snake oil, then they will be soon parted from whatever money they have left.