For those who went through the financial crisis, you probably heard from friends lamentations that they didn’t gobble up stocks – -any stocks at all! – – in March 2009. You could throw a dart at a list, and you’d pick a winner. Yep, probably true. But, at the time, it wasn’t so obvious, was it? You need to know when to catch the falling knife. The market is packed with charts like those below, and personally I think we’re light years from a bottom. Yet, at some point, there is going to be a smorgasbord of bargains. I just don’t think it’s here yet.
