How do you know when is the end of cycle in the financial markets.
Well………..you never know until we are after the bottom……and we haven't been there yet. On January 2007 I wrote ,watch out from stock exchange ,but it can take few months before it will go down.
The reason I said it was that almost everybody was sure money in on the floor, you just have to pick it. You can't loose on stocks, you can't loose on real estate…..SO easy to make money.
Every one knows what happened since than…………….so what's now? As in 2007 (but the opposite), everyone says how bad it will go, everybody is so pessimist………..guys, its TIME TO MOVE!!!
It still not the bottom BUT we are close. It can take few more months and one you see there no big changes in the markets, it seems not interesting, looks like a dead man cardio (-----------) , that’s the time to go in.
And of course, make sure you don't need the money for long time and be patient!!!! When there is blood on the street………….its time to make money!!!!
Good luck!
Wednesday, July 09, 2008
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