I hope people take notice - especially <i>green</i> people that saw his posts/picks as having merit. When you rant and rave like a perma-bull and say "nothing has changed" that only applies to the person. No posts since 30-Jun-2008 and then this. A crying shame. I tried to help you Stock and keep your psyche and rep intact...but you wouldn't listen, when you could've learned. gA aka pS
It never mqanaged to close below 1252 1252.31 was the closest which was .01% a bear market now stocks are surging No bear market. Ever. The bull market that began on October 2002 will last for decades.
I'd agree with you that some sort of low has been put in at this point, however I don't think we are going to see the same leadership, esp the commodity type stocks as a big part of the reason we had the downside was fear of inflation due to high commodity prices. Im watching EZPW, MA, BIDU, BRCM, GOOG, CSH, HCBK and AAPL if anyone cares. Should the market follow through on the strength we have seen the last few days I think those have a good chance of being good leaders.
You are about to experience more pain than you can comprehend, assuming you actually own the stocks you claim you do. Sooner, not later.
Commodity stocks can still rally even with a stronger dollar and less inflation due to huge global demand for raw materials.