9 Reasons Why We Are Close to, If Not Past, the Bottom [View article]
In the search for a bottom, one indicator I use is this. Ask yourself this, which are you more afraid of, losing more on your portfolio or missing the rebound?
Yes, the doom and gloom is palpable right now, but I do agree with one thing the rate of fall of the market has slowed despite the volatility. There definitely is resistance, but ask yourself why is it there, and what news could come out to significantly make it more negative? I guess if the US went insolvent, but who is left to fail that is bigger than already too big to fail companies? JPM, BAC, GS? Not much left.
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Latest | Highest rated9 Reasons Why We Are Close to, If Not Past, the Bottom [View article]
Yes, the doom and gloom is palpable right now, but I do agree with one thing the rate of fall of the market has slowed despite the volatility. There definitely is resistance, but ask yourself why is it there, and what news could come out to significantly make it more negative? I guess if the US went insolvent, but who is left to fail that is bigger than already too big to fail companies? JPM, BAC, GS? Not much left.