I still have trouble seeing a 20% rally from these levels, yes, oil is coming off ... but no one has any money left to spend. The next three to four years could be hell for the US and the rest of the world.
Falak, keep following Carl and loose your shirt... Carl as I said before, we are going much lower before this market turns higher... Sentiment by itself don't make the market... Yes sentiment is low but it can get lower... Here's a nice article for you: http://articles.moneycentral.msn.com/Investing/SuperModels/MarketAtBottomDontBelieveIt.aspx
5 comments:
she must be really concerned not to feel the torch burning so close...
I still have trouble seeing a 20% rally from these levels, yes, oil is coming off ... but no one has any money left to spend. The next three to four years could be hell for the US and the rest of the world.
Sanjeep Kurdip Falak
Maybe she has a good reason to be miserable. That does happen, you know.
Falak, keep following Carl and loose your shirt... Carl as I said before, we are going much lower before this market turns higher... Sentiment by itself don't make the market... Yes sentiment is low but it can get lower... Here's a nice article for you: http://articles.moneycentral.msn.com/Investing/SuperModels/MarketAtBottomDontBelieveIt.aspx
May be she has found wisdom and does not expect anymore light from the financial world?
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