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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: fred woodall who wrote (10048)9/16/2010 9:07:27 AM
From: GROUND ZERO™3 Recommendations  Read Replies (1) | Respond to of 220468
 
Yes, that is an interesting article, thanks... people are still too skeptical about any economic recovery to step into this market, but I think this is very bullish... I have no doubt those same cautious investors will finally buy this market when the indices are much higher than where they are now... at some point, they will want "in" before it's too late, but by then it will already be too late and that's where we'll find the top...

We have to remember, markets don't bottom on good news, they bottom on the worst terrible news and when everyone thinks the economy will get even worse, and these markets don't top out on bad news, they top out on great news after a long string of wonderful news... I think this market is going much higher than people are currently willing to imagine, but by then the rich cream will have been taken off the top and there will be nothing left for the late buyer but watered down skim milk and slim pickings... just my two cents here...

GZ