9 Reasons Why We Are Close to, If Not Past, the Bottom
September 28, 2008
Alan Brochstein, CFA submits:
As many readers recall, I was INCREDIBLY bearish beginning in the summer of 2007 after nervously watching what was being seemingly ignored but was increasingly playing out to be the disaster scenario we hear about ad nauseum now. I continually reiterated my concerns for the next several months despite the uptick in the market.
One of my favorites, that I originally titled "Time to Build an Ark", was changed by the editorial staff of Seeking Alpha to "It’s October - Should We be Buying?, in which I projected an 1150 S&P 500 right about now. I typically tend to be early (yes, I lost money shorting internet stocks in late 1999), and I walked away in May from my earlier predictions that the Bear Market would end in the Fall.
9 Reasons Why We Are Close to, If Not Past, the Bottom














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