Thursday, June 26, 2008

Bear Trend For Equities Remains Dominant - Update

Back in April, I wrote the following:
"Earnings are bad, inflation is bad, the credit crisis is bad…. But isn’t it always darkest before the dawn? Are stock market bottoms made when the news is the worst and things look bleakest? Yes and yes.
But how does one know when a bottom is in place? It’s very simple