That the most poplar Q people ask all the time, is the market has bottomed out now?.
I really don’t think so, trader look always for bottom.
But this a unique time everything is just slowing down it's still a crisis time and it will stay like for some time.
Add this US economic and i think they still didn’t learn anything from this crisis, in particular the stock market is a loss canon and the bad disease it carry, why not just fix the pitiable US stock market exchange i just don’t get it ,but if your president think giving a bazillion US $$$ to Gm to save it he need to learn some basic economic.
It won't help!!!.
I think if you look for short mid term stocks, just look at good individual stocks that don’t get much effected from the market pup's and down .
I found also in the last 8 months from the market drop and go crazy its very hard to trade base on TA almost imposable at this time for short term, the fundamental is stronger then any trade method this day(sound strange when I say that ) but you need to adapted your trading on the market extreme.
Bottom line i don’t see the light on the tunnel i think you will see some strange behave soon on the market i don’t see the market picking up nicely in the year to come, add this if oil will start go crazy market will suffer hard(if so you will see gold start to pick up again) also you will find that if oil will go up hard,oil stocks will not do so well ,why you ask ? This is for next time explanation (:
Good night.
Tsafi