from this weekends afr now is the time to buy

from pg 45, Article titled, "The time to be greedy is when others are afraid", as said by Warren Buffett.

"David Hunt, an economist and strategist, who picked every major top and bottom in the ASX 200's 15 mth slide, NOT ONLY AGREES THAT THE MARKET WILL BOTTOM SOON, BUT GOES FURTHER AND SAYS THAT BY TUESDAY THE MARKET WILL HAVE STARTED WORKING ITS WAY NORTH.

Hunt's record has been remarkable. By mixing fundamental analysis with charting methods, Hunt called tops in the ASX 200, BHP and Fortescue and a swag of stocks within days of their 2007 peaks.

Hunt, also President of the Australian Professional Technical Analysts Assoc., correctly picked Feb 12 as a turning point more than a month before.

On Feb 13, the index peaked and then began its latest run down, which Hunt confidently says will be over by Tuesday.

After that, he says the market will climb in a choppy manner to 4200 in May and then rally to 4800 in September.