Posted On: 06/21/2013 9:31:07 AM
Post# of 63821
Bottom in?
OK, one big rule in investing is don't try to catch a falling knife. The US was late to the correction party, but some world ETF's show me climax selling, at least for now. For the world ETF's this was either a major correction or the end of the world, as we know it. And to make my case for correction, the news the last few days has been terrible for China, Brazil, India and many other counties. Will I buy today? Not on your life, but i will not short either. The world ETF's have fallen too far, too fast. Some kind of bottoming is needed before I buy. China and the US were late to this party and maybe a bit more down???
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