I hope I'm right, I hope I'm right! But I've gotta stick to my guns, after forecasting on October 10th that we would know when the bottom hit when the NYSE dropped to around 6800 (at the time it was at 8400). It may seem like all is hopeless right now, but I for one am a little optimistic that securities are now priced to buy.
Wow, maybe it's March 5th. Who knew GM and C would both essentially fail on the same day...
2 comments:
I hope you're right too!! It's been a crazy ride...
I'm reviewing these old posts 4 years later. How funny, it turns out I was totally right... I can't explain it other than some lame technical analysis and good timing for a blog update... and also some specific news that triggered my recognition that it was likely going to be picking up (but I can't recall immediately what that news was)
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