Stock Market trend

wtcamb · Newbie Joined: 22 Jul 2009 Posts: 1

Do you think the market has bottomed out during this economic downturn or is there more to come?

I got out at 8100 and would like some opinions on whether this is the time to get back in or hold off for a while.

I am retired and need to be very careful.

Thanks

LouisR · Newbie Joined: 20 Nov 2009 Posts: 4

The market gave us a Buy Signal on 3/26/09, sorry you missed it. You must not plot your own tracking the the S&P 500.

The Bull Market started 7/15/09 .. Historically it will last 3 years. But with Congress passing the Stimulatus mega care package, we can be sure it won't end before all the money is spent.

What happens when the money runs out? No ones knows. Just track the market for yourself and when you see the sell signs revert back to a Money Market Fund.