It seems market bottoms can be predicted

[S2007S]

Quote from lindq:

It's actually quite a bit easier. Just tune your TV to CNBC. When the screen has a quad split of four talking heads blathering on about why the market is going to hell and why you should "stand aside", it is time to buy.

agree, that cnbc they call a financial network is a joke!!!

 

[Renegen]

Those who can't do host a television show

 

[Cheese]

Quote from S2007S:
Market bottoms cannot be predicted....

You know that for certain, do you?

 

[infolode]

Quote from lindq:

It's actually quite a bit easier. Just tune your TV to CNBC. When the screen has a quad split of four talking heads blathering on about why the market is going to hell and why you should "stand aside", it is time to buy.

agreed

 

[rimshaker]

Market bottoms are easier to spot than tops. Spikes in the VIX/VXO make that obvious.

 

[lindq]

Quote from a5519:

It could have value as you descibe. But almost impossible to quantify.

Well, if you really want to add a technical qualification to the talking head system on CNBC, just put John Bollinger in one of those corners when the market is tanking. And start buying.

A bit like Hollywood squares.

If Elaine Garzarelli is in the center square still babbling on about her '87 call nearly 20 years ago, you're safe to double down.

And if Cramer is in the top square ready to toss his cookies on her cause his market and his pants are falling under him, then baby, back up the truck and go for it.

The bottom is in!