Friday, March 6, 2009

Where To Go?

Does anybody really know where the markets are going to go from here? I have a general feeling that the market could have further down to go. However, a number of other people think that we are closer to the bottom than we think. At this point in the market activity, how reliable are technical aspects of trading, financial statements, and market psychology? It seems like these were all good indicators and useful tools in determining market and economic direction in the past. However, how accurate or relevant can these be in a tumultuous time such a this? I'm asking the questions because I don't have a clear answer. Where do we go from here?

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