Reply #5: The biggest difference between you and the experts is that you are honest. [View All]

[Lasher]

Nobody knows if or when we hit bottom. But we all get to guess if we want. But I like to call my guesses forecasts because it sounds better even if it means the same thing.

The market is responding to fear and greed just like it always does. Tomorrow there will be a relatively moderate decline as profit taking occurs. Then for the next week improvements will continue, prompted mostly by good news from Obama. But short term optimism cannot prevail against long term negative fundamentals, so the stock market will continue its decline once the current suckers' rally has run its course.

That's my 'ahem' forecast.