As of Feb. 1, 2009; 164 Days Until July 15, 2009
THE FOLLOWING IS PUBLISHED BY INTELLIVEST SECURITIES RESEARCH, INC., RIA, AND IS NOT INTENDED AS ADVERTISING BY A BROKER-DEALER
COUNTDOWN: 164 DAYS OR 4,336 HOURS OR 236,160 MINUTES OR 14,170,0000 SECONDS UNTIL INTELLIVEST SECURITIES RESEARCH, INC., RIA, ("ISR") ONCE AGAIN PRESENTS ITS DAILY BLOG ON JULY 15, 2009.
Here's what ISR thinks: If you are tempted to start buying stocks now because the market has been hit so hard, just remember when the Nikkei Japanese Stock Market collapsed in 1981 worse than than US markets have recently collapsed, people in Japan were saying (in Japanese, mostly): "Buy now, buy now, prices are so low!" Guess what: the Nikkei today is approximately at the same level as it was when it crashed in 1981. I am still bearish.
