stock bottom?

[wtf]

interesting interview on bloomberg.

this whole mess was started by dramatic drop in home sales/prices.

home sales in california apparently has now started to pick up dramatically. thus we have reached an equilibrium where asset prices have reached a point worth purchasing.

very interesting observation. time to get to dip back in!!

[jjgold]

Son we are years away from a bottom

Son go to work and put in bank or buy a 2 family home and rent it out

[pavyracer]

Did they also interview the same guys who said in May that Dow at 14,000 was a bargain and this was the best time to jump in the market? I need to start taping these anal-ysts and play their stupid comments 5 months after they made them.

[wtf]

yes jj you have made is abundantly clear on a litany of threads you are bearish. the world is not ending, so i disagree. guess that makes a buyer and a seller.

but if you are holding shares, you should hold them. dont bail now.

[wtf]

good question

Did they also interview the same guys who said in May that Dow at 14,000 was a bargain and this was the best time to jump in the market? I need to start taping these anal-ysts and play their stupid comments 5 months after they made them.

yes there are a lot of buffons out there. but his point is substantiated with facts on a pickup in housing purchases. i think it is very interesting.

i think it also means there is plenty of money on the side lines waiting to get back in

[RogueJuror]

jj lets launch a betting exchange

[wtf]

nice

jj lets launch a betting exchange

good idea, wish i thought of that