< Return to Bulls pageStarting to creep back up again
I don't think the financial crisis is over....far from it, infact. However, I do think that the current economic situation presents a unique opportunity for the acquisition of stocks, particularly for those new to the game. It's starting to look like we are turning the corner, and slowly we are starting to see more and more green on the board. As has been shown in the past during times of economic crisis, things can take months or even years to fully recover. Right now, my guess is that we are pretty close to the bottom. I predict that the economy will dip and rise, probably dramatically on occasion, for another couple of weeks, but the DOW will hit 10,000, the NASDAQ will hit 2,000 and the S&P will hit 1,000 by the end of the year. Invest now in the companies you know are not going anywhere....and don't look at them until January. See what happens! And a general rule of thumb that I like to employ - never invest any money you can't afford to lose.