Where Are We Going From Here?

Where do you think this market is headed? What are the views of most analysts, brokers, friends, colleagues on the outlook of the market? Outright bearish! That's right! So, what are you waiting for? Sell your whole portfolio and migrate to Australia? Wait a minute....You once read somewhere that turning points occur when the MAJORITY of the market participants are on one side. This is exactly the scenario here. This is the time to start picking up some quality stocks. Do not buy more than you can afford to lose, obviously. Picking bottoms are difficult jobs but highly rewarding, when successful. Can the market move lower from here? Yes, it is quite possible. But are we heading towards a bear market. No, at least not yet. Are the chances good for a rebound? I would think so. So, load up a bit on your portfolio, and come back after the World Cup, and you might have a nice surprise!