Nostradamus was a punk! Have we reached bottom? - Sheldon Liber

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Nostradamus was a punk! Have we reached bottom?
Mar 09, 2009 07:10 PM UTC

Sheldon Liber

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Symbol	Sentiment	Start	Return	Closed
AEO		03/09/09	+8.89%	03/10/09
CSCO		03/09/09	+7.45%	03/10/09
GE		03/09/09	+54.66%	07/02/09
ISRG		03/09/09	+40.62%	04/22/09
AAPL		03/09/09	+6.64%	03/10/09

Via BloggingStocks:

Filed under: Forecasts, Good news, Rants and raves, Apple Inc (AAPL), Cisco Systems (CSCO), General Electric (GE), Stocks to Buy, Intuitive Surgical Inc (ISRG), Recession, American Eagle Outfitters (AEO)

If there is anything that makes me think we could be close to a market bottom, it is all the people that have gone off the deep end thinking the world may be coming to an end.

For the time being highly leveraged debt obligations seem to have come to an end. Large independent investment banks may have come to an end for now. The idea of a balanced budget may have come to an end a long time ago. However, the world is not coming to an end.

If anybody out there thinks that the times we live in come close to the Dark Ages, the American Revolution, the Civil War, World Wars I or II, or the Great Depression, then they are wimps who know nothing about history or true misery.

Continue reading Nostradamus was a punk! Have we reached bottom?

Nostradamus was a punk! Have we reached bottom? originally appeared on BloggingStocks on Mon, 09 Mar 2009 14:10:00 EST. Please see our terms for use of feeds.

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