Andy Bear Picks

[bar1080]

Quite correct about 2007/2008. Back then I waited daily for the market to decline amid the terrible housing news and later calamities regarding credit/banking and jobs.

I remember noticing tons of warning signs in mid-2006 from the formerly hottest home markets, such as Florida where speculation had reached insane levels. Florida home prices were collapsing by summer 2006. Still the stock market remained strong thru 2007 with only a moderate decline into early 2008. The bottom suddenly fell out in summer 2008. Low was around March 2009.

By 2009 many newbie stock players walked away from the market to their later regret. Timing these things is just about impossible. I don't try.