bottom feeders

[Russ]

What makes you think we are at or near the bottom?The momentum is still down.I havn't seen any evidence of a change in direction.I'm not saying we aren't near the bottom,but why guess blindly and possibly lose heaps more money?

[kwagga]

Agreed. Those averaging down in an attempt to catch the bottom, do so at their own risk. The US and our market are nearing critical support levels and possess a lot more risk to bull participants. You could be trampled by a bear stampede. Even long term investors could take years to recover if things really go south. Let's hope not. omo

[louisg]

Nobody knows where the bottom is.