Economics Question
Where is the bottom?
Theoretically, the potential bottom of this bear market can be calculated.
It is the highest top pivoted around the least-squares trend line of historic stock prices.
Can anyone calculate that value?
Answers
3963 points
MNSL answered one year ago …
Investors are unwilling to sell some good stocks and therefore we can not expect bottom for this types of stocks. They know these stocks going to outperform market in the next 12 months due to current mess.
Some stocks can go down further .I think commodity stocks will plunge more sooner than later.
Some stocks have reached their bottoms now and there is good demand for these stocks worldwide. Fund mangers are gradually picking stocks in the current market turmoil.
