posted on Mar, 7 2009 @ 06:52 AM
for individual stock investors, the market already hit bottom...
the only reason they have any stocks left in any portfilio is because
it would be too economically painful ... so they will maintain at least a
shell of a once complex portfilio.
the reason is that even the worst companies worst market cap
is still a target for a merger or takeover...
And who can accurately predict that some presently out-of-favor
company will not replace another in the DOW component make-up in the weeks to come.
the market is always changing and dynamic, so there are only relative market bottoms (the low points in graphs)....
its when the speculators and the fund managers support a new mixture of market leaders...
and when the publics imagination is caught up in a sea-change of sentiment (paradigm shift of 2012?) that the magical 'new bull market' begins
but right now, the market has no faith or confidence that reforms, oversight, shennagians, prosecutions are being molded into a comprehensive re-vamp
of the Fed Res/Treas , FDIC or the banking rules,
or the financial system as a whole.... so, the stock markets will keep
reacting in the negative as long as the uncertainty exists...
much like last weeks (Mar 2 - Mar 6) daily trading pattern
ps: i'm still in the process of selling a 100 or so of a food stock at a profit,
and rolling that $$ into 1 or 2 fallen stocks that still pay dividends-
plus have several subsidiaries which can be sold off to maintain the dividend payouts -> or subsidiaries that could be spun-off from the parent
~either situation will still be good to my pocketbook~
I feel that i have from now until Oct-Nov '09 to reallocate...
or roll the procedes into my ROTH account gold
[edit on 7-3-2009 by St Udio]