Comment

Stock Market Yo-Yo Watch

39
jcm3/05/2009 10:47:50 am PST

re: #13 Milk in a Box

Don’t worry, it still may be a good time to buy!
Best/Worst Headline Evar?



“What you’re now seeing is, profit and earning ratios are starting to get to the point where buying stocks is a potentially good deal if you’ve got a long term perspective on it,”

Beyond his ignoration of PE ratios. He misses the fundamental issue.

The Market is a gauge of confidence in the future of the economy.

The lack of confidence, is a greater consideration than the prospect fo potential bargains.