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Strategies & Market Trends : 50% Gains Investing

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To: WhatsUpWithThat who wrote (30578)7/19/2002 12:41:17 PM
From: Dale BakerRead Replies (2) of 118717
 
The symmetry from the bubble bursting to now is encouraging:

--Everyone loved stocks, now they all hate their portfolio and their broker if they still have one

--Valuation went to extreme highs - now companies with solid earnings can't get a PE over 10

--Financial industry ballooned; now they are shedding jobs (and clients)

--etc., etc.

To put a kind spin on a rotten month, we are following the right steps for a bottom. Of course, having said that, I am guilty of being too bullish and not capitulating, so the recovery is off.

;<)
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