Last Thursday Was the Bottom - It's Time to Get Back in [View article]
Another bottom picker with smelly hands.
If the author's ultimate definition of a bottom sign were true -- i.e., the market's discounting of bad news -- the bottom would have come earlier this year, as the market consistently discounted all the bad numbers.
In the last market crash, the bottom didn't come until more than two years after the March 2000 crash.
This one is much worse, as it affects not just a market sector, but the whole financial system.
As others have said, the bottom will come when all are looking only for respite from the anguish.
Last Thursday Was the Bottom - It's Time to Get Back in [View article]
If the author's ultimate definition of a bottom sign were true -- i.e., the market's discounting of bad news -- the bottom would have come earlier this year, as the market consistently discounted all the bad numbers.
In the last market crash, the bottom didn't come until more than two years after the March 2000 crash.
This one is much worse, as it affects not just a market sector, but the whole financial system.
As others have said, the bottom will come when all are looking only for respite from the anguish.