If you are attracted to read this posting due to the title, sorry to disappoint you, but I do not know the answer. Well, one of the easiest way to discredit yourself is to predict the direction of the market. Many experts have voiced their opinions over the course of investing history, only to be proven wrong. Any onewho have ’predicted’ the start of a bear or bull market would become a market guru instantly. Journalists would constantly remind the reader of the guru’s ‘achievements’, even if he or she might have ‘hit the jackpot’ out of pure luck. Its much easier to call for market bottom now as the drop has been down for a year. Now, I will try to become a guru. There will be no fancy graphs to support my predictions. Just vibes from the ground. With some luck and hopefully some journalist out there reading, I too will become ‘the one who rightly saw the continuation of the market drop’. Quite a mouthfull… The market rallied in the last week of November even though economic numbers were disappointing. The official reason was that the market was cheering the rescue of Citibank by FED. Some experts have said that the markets are bottoming or even have bottomed while others have warned that this could be a bear trap. Read more...