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Have we reached the bottom?

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MichaelR
Regular Contributor
I have a feeling that we have reached the bottom. I know that the feeling is emotional .Emotions is a bad thing when investing but that is just my gut feel. How much worse can it get? Just look at the Orbiter stock picker challenge and see how pear shape all the calls went. My question is how much more can this global market go down?
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5 REPLIES 5
HungryPunter
Regular Contributor
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john_1
Super Contributor
Micheal I think you need to work on your intuition. This could get way way worse.
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Not applicable
this reminds me of jan 22 just when i assumedb that its gonna get much worse and bail the next day the markets rally leaving me , guess the markets will continue to fall til everyone starts bailing then it will rally taking only the few either way this wave i am staying in for another60 days lets see what happens-cos u never knw whats going to happen
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555
Frequent Contributor
Michael, I guess the answer to your "How much worse can it get" question is.... "A lot worse"
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SkarlakenKoos
Frequent Contributor
We've reached the bottom when all them bulls have been slaughtered, i.e. when you don't hear bullish ppl anymore... when every market expert is "doom and gloom" and when *any news* causes stock to fall further.... then, and only then, will we be at the bottom... enjoy the ride :-) Whheeeeeeeeeeeeeeeeeeeee....
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