General Market Question
What is your outlook for S&P500 this month and till May 2009
The S&P 500 extended its rebound from an 11-year low to 21 percent this week? Some say this is technical end to a 14-month bear market? Do you agree? Thanks
Asked by MNSL in
General Market
one year ago
Answers
105 points
BAD answered one year ago …
No, I feel that the market will see at least 100 more lows and highs, though not as severe as these were. There is one heck of alot of money sitting on the sidelines, and it is just waiting for the right moment. When someone of credibility says the lows have been reached and one of the big corporations starts to make big money in a quarter, you'll see the market return at about 20 points a day.
BAD
