"I just want to note that all the reactions we usually see at near term lows are being put in place. I did not say bear market bottom... and nothing is 100%. First off... here is TIME MAGAZINE!" Continue with article.
Tuesday, October 7, 2008
Interesting Article About Market Sentiment & Time Magazine Cover
I came across an interesting article from tradingmarkets.com, "Sentiment Now Bearish As All Heck". Gary Kaltbaum talks about many sentiment indicators of a market bottom, and backs it up with 7 reasons. By the way, the Dow at 3:00est is down 311 points to 9,643 and the S&P is down 35 points to 1021 and "Bernanke sees worsening economy, hints at rate cuts".
Source: Time Magazine Cover 10/13/08
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