Wednesday, April 16, 2008

Be Bullish.

BusinessWeek: Stocks: Why the Bottom May Be in Sight.


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.


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