John Hussman: Buying Near the Bottom - Seeking Alpha
An article that reinstates some of what I wrote this morning. The majority of opinions are definitely bearish while the indexes are pretty low. While the markets are holding up at the support level, the investors aren't interested in buying. To me it sounds as the school-book definition of a market bottom.
US S&P 500 is already 20% up from the November lows. In a month or two we could look back and say: "Yes, that was the bottom and that was the come-back rally right there." By then it might be too late to restore some of the losses made throughout the year. :S
An article that reinstates some of what I wrote this morning. The majority of opinions are definitely bearish while the indexes are pretty low. While the markets are holding up at the support level, the investors aren't interested in buying. To me it sounds as the school-book definition of a market bottom.
US S&P 500 is already 20% up from the November lows. In a month or two we could look back and say: "Yes, that was the bottom and that was the come-back rally right there." By then it might be too late to restore some of the losses made throughout the year. :S
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