Wednesday, March 14, 2007

Top timers still bullish, others not

Mark Hulbert reports that his top five market timers remain bullish after Tuesday's big hit (MarketWatch article). Meanwhile, the average newsletter writer is becoming much less so.

I am looking to buy selectively on further weakness. No need to hurry, bottoms usually take some time. If a fast V-shaped bottom does occur, only a very few get in at the bottom. I prefer opportunities when I perceive the odds are in my favor.

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