When Will the Market Turn Around?
By James Wedgeworth on November 17th, 2008The answer to this question is very simple – when the press gets ready to turn it around.
I picked up Saturday’s paper and the headlines blew me away. “Retail Sales Plummet”, “Budget Woes Force Layoff at State Agencies” – Wow – all this bad news makes me wonder why anyone would ever buy anything. I think that is what the press has in mind.
I actually think that now is a pretty good time to buy because you buy when nobody is buying and sell when everybody is selling. That is my recommendation and I am sticking to it.


