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Bottom Calling

Posted on August 03, 2008

The only sure way to call a bottom is of course to.........keep calling one. Does it actually make anyone money bringing on Bobblehead after Bobblehead to opine on it? Harry Schiller expresses my sentiments exactly over on RM the other day.All morning I am hearing people proclaim that the bottom is in. So what? The Dow is now over 700 points off the lows. The financials have rallied almost 40% off the lows and even now are about 30% off the lows. So you're thinking about buying the financials now? Great plan.Personally, I would rather not worry about such arcane and ultimately unknowable thin...

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bear market , lows , markets , short term , volatility