Any predictions for next week?

ads answered 8 months ago …

I agree with thinker70 in some respects, that it is probably better to buy on the lows and sell on the rallies as this is probably only short-term rally and will not be sustainable.... However I disagree that long term buy and hold is not good, as there are some companies out there who are greatly undervalued and who are doing quite well despite the current economic conditions. Thus I think, that we will be seeing quite a bit of volatility yet and that we may not have seen the bottom yet (or if we have seen the bottom then things will trade roughly horizontal for a while before we see the true "turn around" rally, although I don't think we have seen the bottom yet, although I suspect we are close to it). But there are some great buys out there, if you are willing to look and do your own research (but be sure to do your own research as there will be plenty of people who try to promote companies that may not be in all that strong of a position, just hoping to see a rally in which to unload such companies).