Sitting on the sidelines
I read a message board post on Citigroup. It said, “I’m going to watch for awhile.” That’s exactly how I feel right now. For some reason the last week’s events have gotten me more spooked than at any other time. I felt for the last couple weeks that the US might actually be pouring a foundation for a bottom. Really all I want now is for a bottom. Isn’t that reasonable? I don’t even mind staying on the bottom for awhile until the foundation dries. Then we can start building again. It’s just this week seems to make me think differently. I’d like to get that feeling I had two weeks ago where I really felt like the bottom was either here or near.
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