Wait for the Bottom then Buy (11/23/07)
On average for each of the dozen crises [going back to World War II], the market was up 36%
one year after the low point, and 44% after two years.” So if the market bottoms on the sub-prime crisis then the market will do well once the bottom is in.
Right now though we are in the downside of the market and we must be patient for the bottom to be made.
Comments
Post a comment
Assigned to category: Stocks | Stocks
« Quote for Life (11/22/07) | Main | Quote for Today (11/24/07) »
« Quote for Life (11/22/07) | Main | Quote for Today (11/24/07) »
