Be Bullish.
BusinessWeek: Stocks: Why the Bottom May Be in Sight.
Quotes:
Steven Leuthold, founder of Leuthold Weeden Capital Management, is widely considered by his Wall Street peers to be among the more astute market historians and independent thinkers.
....
Q: When might stocks rebound?
A: If the recession runs 16 months—that would be a long one—then based on the usual relationship of market bottoms in a bear market, the stock market bottom would be in August. If it's an 11-month recession, we would see a market bottom in May or June.
Quotes:
Steven Leuthold, founder of Leuthold Weeden Capital Management, is widely considered by his Wall Street peers to be among the more astute market historians and independent thinkers.
....
Q: When might stocks rebound?
A: If the recession runs 16 months—that would be a long one—then based on the usual relationship of market bottoms in a bear market, the stock market bottom would be in August. If it's an 11-month recession, we would see a market bottom in May or June.
posted by mh497 at
8:07 PM
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