I'm guessing the true bottom is a date and not a number. Around July 2012, we'll see the writing on the wall and know that the excursion into socialism is over. That'll be the bottom and the time to buy. I'll do my research in January 2012, undate monthly, and buy as soon as an Obama defeat looks inevitable. It wouldn't surprise me if July 2012 to July 2013 turns out to be the best year in stock market history. I just pray that I'll be able to buy in 2012 and not put it off until 2016 (I'm out of the market until the socialist is ready to get the boot).
” I’m guessing the true bottom is a date and not a number. Around July 2012, we’ll see the writing on the wall and know that the excursion into socialism is over. That’ll be the bottom and the time to buy. I’ll do my research in January 2012, undate monthly, and buy as soon as an Obama defeat looks inevitable. It wouldn’t surprise me if July 2012 to July 2013 turns out to be the best year in stock market history. I just pray that I’ll be able to buy in 2012 and not put it off until 2016 (I’m out of the market until the socialist is ready to get the boot). “
****Bingo.*** I’d say maybe a little before 2012. Market’s are always forward looking, so they’ll start picking up when the see odds for a change in business climate improving. If someone like Palin starts their unoffical campaign off strong, we could start seeing improvement in 2011, or maybe even earlier. In any case, while Obama and the Dem Congress are in the driver’s seat and GOP is in disarray, all bets are off on where the bottom is (or if there even is one) and saavy investors with their own money at stake know it — hence the market plunging new lows.