ali k

Attention Fund Managers: It's Time to Buy

David - in all fairness - markets don't move up and down based on how you BELIEVE they will. We're at some awfully terrible lows, but we have no reason to believe this is the bottom! No sector in the globe has seen their bottom. "I believe the stock market rally in the next few days"?? Based on what? Without some numbers, figures, statistical evidence, even qualitative hard evidence, this is just speculation.

Market Headed to Retest Lows?

This is quite some speculation without any sound ground at all. A few bad days doesn't do anything to the fundamental value of the S&P 500 or Dow Jones. It's quite a jump to say that we're retesting the lows. You could be right, but you could also win at Roulette the next time you're in Vegas (which I hear is quite crowded nowadays as desperation is getting higher).

We need to have some statistical or quantitative reasoning to believe the market is retesting new lows. Just a few bad days isn't enough. All that is is a "gut feeling," which isn't how billionaires make their money.