How hard is it to predict a bottom?

Apparently, pretty damn hard.

http://timothysykes.com/wp-content/themes/timothysykes/img/paulson-comp-letter.pdf




bankcharts.jpg
 
Predict a bottom -in a bear market???;
same principle;
as a bull market making new highs-fairly easy to call ''a bottom''.

THE Bear market bottom,as your data shows,only in hindsight is THE bottom called ;
or THE top in a bull market, same way :cool:
 
Back
Top