[quote=briansd1]AN, I meant to say that I can still purchase at the bottom since I don’t believe that the trough was reached yet.
But since you already purchased on 12/08, you have much more at stake than I do for the bottom to have been Q4 2008.
Once you act, you’re bound by your decision. But if you’re watching and prepared to act, then you have more likelihood of making a better decision.
Or course, by waiting, I could also making a worse decision. But I don’t have any vested interest in past data since I’m still looking forward.
Time will tell….[/quote]
But I’ve never called the bottom. So, I’m still right. You did say you’ll see the bottom coming when you see it. Since you haven’t called the bottom anywhere, can we assume that you don’t see the bottom anytime soon?
BTW, buying is not the same as calling the bottom. I did say many many times hear that I suspect we’ll see a slow slow real decline (adjusting for inflation) for many years.