Tuesday, Apr 07, 2009
It's almost time to turn bullish on stocks
MoneyWeek: It's almost time to turn bullish on stocks
The bear market may not be over just yet - but some markets may finally be worth a cautious bet. If history is any guide, returns over the next few years should range from acceptable in the US to pretty spectacular in parts of Asia…
Posted by damien @ 10:15 AM (498 views) Add Comment
4 Comments
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1. Mr G said...
Why should we believe this when there are still so many unknown factors that could spook the markets?
Caveat Emptor!!
2. mr g said...
Why should we believe this when there are so many unknowns which could spook the markets?
Caveat Emptor!!
3. 51ck-6-51x said...
Isn't it actually nearly time to turn bearish again, since we're experiencing a bear rally?
If you were in it for the long-term as this author assumes then you should have started accumulating positions a while back and a slow accumulation is probably fine since we are not going to have an anti-crash now are we?!
4. mountain goat said...
Good interview with Marc Faber on Bloomberg.
He says it worth buying the garbage like Citgroup short term because they were hit the hardest. The taxpayer will take the rotten assets so the banks can potentially be profitable again, it's a wonderful world ...
What does he think about Geithner plan to buy rotten assets? He says he should buy a mirror because he is the most rotten asset LOL.
He recons gold is dead money for the next 3-6 months but worth buying if it goes down to $750-$800