Has the market Bottomed? (1/24/08)

The Market has been stimulated by the Fed, the President, and outside foreign investors, mainly oil money.
The market still has problems and will take awhile to digest the down move.
Expect wild swinging days in both directions with a sideways pattern for the next 6 weeks.
Pick up bargains if you want for a long term ride.
Some metal stocks are bargains because what the Fed has done is still inflatiionary and will show up in six months.
LMC, AXU, IAF, CDE, GG, AUY, ROY, SSRI, PAAS, IAG, NG, SWC, are all still good long term buys.


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Assigned to category: Stocks
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