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Politics : Sioux Nation
DJT 13.77-3.8%Dec 26 9:30 AM EST
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To: stockman_scott who wrote (160666)2/14/2009 6:22:55 AM
From: Rock_nj  Read Replies (1) of 361983
 
There are signs of a bottoming going on in the economy. Some of the economic indicators are slowing their decent, while some have even turned up slight, such as retail sales in January up 1%. I know one month does not make a trend, but it is what happens at the bottom, and given the fact that this recession is 13 or 14 months old, it would not be unlikely for the bottom to be approaching soon.

All and all, if one is out of the stock market waiting for the recovery, I think now is the time to buy with these indicators starting to bottom. The stimulus bill that just passed last night will certainly help with the recovery.

BTW, the longest recessions since the Great Depression were the 1974/75 recession and 1982/83 recession, both of which lasted 16 months. This one is likely to outpace those two recession by at least a few months.
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