AS, you didn't answer my question. Anyway, the market went down because of a bubble and bad earnings.
Please keep in mind, this market is all about earnings.
Remember when the media and the analysts last fall pumped that the best time to get in the market and profit hugely was between Oct. and March, afterall they pretty much proved it historically, and they told you to load up, buy, buy, buy?? And instead, the Nasdaq proceeded to 1840 from 3569 in that time period. Hmmm. They raped the public, IMO.
Now, these same people are telling you, that the bottom is in, and that earnings will turn up later in the year, and to load up now, buy, buy, buy, because pretty much historically when rates get lowered everything will turn out fine.
Anyway, I have another question for you. Has any bubble that bursts not ended badly?? |
