They market is too scared and damaged... Not surprising really.
I try and keep in mind that age old adage "When everyone is selling, and sitting out, that's the time to buy"
Just like when everyone started shouting BOOM for 20yrs and The commodities boom wont end anytime soon... The arguments for this seemed very good at the time... Suddenly credit crisis and end of world...
Notice how right now everyone is calling, credit crisis will last for 10 yrs, world wide depression, markets never same again... And the arguments for this seem very good, at this point in time.
Maybe an indicator that we are about to get some very good buy signals.
Still, not going to risk my entire life savings on it - But then again, I try never to do that :)
STB Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
