Who ever is over fixated on catching the absolute bottom will probably catch the dead cat bounce, that’s all I’m saying. No one can every say they can time the market, any market and prove it. If you can, you’ll be making millions showing others to do it as well.

FormerSanDiegan: of course we all can survive at the last dead cat bounce. We all can survive right now too if you use 30 yr fixed mortgage and have stable jobs. That’s not the point. The point is no one can time the market and be able to call the top and bottom when it happens.

deadzone: That’s exactly what I’ll be doing. I’ll wait till things start turning up in earnest before I start buying.