Stock Market Trends: Bottoms Up?

For the last few days and weeks most of our posts have focused on the bad stuff that surrounds all investors. Today we wanted to take a step back, breathe deeply and have something positive to say.

The most important thing to keep in mind is that we in the bottoming out process. We are much closer to the bottom than we were just a few weeks ago. There will be no flashing light or warning that 9108 (just a random number) is the bottom, but rest assured, we are confident it’s not that far away.

Much like any crisis, this one too will pass. And in all likelihood faster than what all the talking heads and people who play experts on TV, radio and newspapers are guesstimating. Step back from the moment and think about all the headlines on OIL just 2-3 months ago. One we remember vividly is Goldman Sachs call that “Oil will be $200 a barrel by the end of the year.” I wonder