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Politics : High Tolerance Plasticity

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To: The Ox who wrote (668)3/1/2001 10:27:41 AM
From: Think4Yourself  Read Replies (2) of 23153
 
I have been listening to the analysts and have noticed this comment over and over: "Now is a good time to buy if you are a long term investor. We should see an upturn later this year"

What they aren't saying is that a few months from now will be an even better buying opportunity for long term investors.

Agree with you 100% regarding both the catalyst statement and the "death of a thousand cuts" statement. The only three catalysts I see in the next few months are the FOMC meeting, earnings warnings season, and earnings season. Am expecting a sell off shortly after the FOMC announcement as folks start to once again concentrate on declining earnings. If we rally into the meeting I will likely be shorting it.
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