I know the recession has NOT ended but has the Stock Market bottomed out?

[NNN0LHI]

I know this is anyone's guess but it is starting to look like it has doesn't it?

Don

[seemslikeadream]

1. steady till Sept then back down again that's what I think anyway

[Towlie]

2. Why? What will happen in September?

[closeupready]

6. Traditionally, autumn is the worst season for the market.

September, October, November. If it's going to decline again, that would be when. Further, if you compare this bear market with prior bear markets, it would appear as though further declines are likely.

[seemslikeadream]

7. Not sure anything will happen and that's kinda the point

I think we're just gonna coast till then

[Towlie]

12. That's no answer! You must have said "September" for a reason. What's the reason?

[Warpy]

3. I doubt it.

Right now it's in a holding pattern while some money moves out of treasuries and back into income producing assets.

News from the banks will continue to be bad as the extent of the derivatives disaster becomes known.

This economy won't be onto a solid footing until we rebuild our base of decently paying jobs and preventing predatory corporations from sending them offshore.

[Turbineguy]

4. I think it probably has bottomed out. But....

the players have changed and there are traders left over who are far more skilled than before. In a market where people are taking money out, it means you are at greater risk of losing money than before.

Take a look at what happened with DNDN yesterday.

[plcdude]

5. Yes

and No. The market is not the Dow so looking at companies that are well run and part of the green solutions needed for the future will make good investments. Greed drives the market and you can depend on greed.

[Phoebe Loosinhouse]

8. Since I still have some stock I would have to say no. I will post the day I sell. nt

[Demobrat]

9. There's going to be another massive wave of foreclosures

as the 5/1 ARMs taken out in 2004 and later start to reset. The NDOs (Notices Of Default) are already starting. Foreclosures follow. The stock market will not recover until these bad loans are cleared out of the system. IMO of course.

[tekisui]

10. I think it has found a bottom,

what is not certain is whether we will have a U shape, V shape, W shape of L shape. What will the recovery look like?

I think the housing numbers have hit bottom, too. Low prices, low rate on loans, investors and first time home buyers are getting back in.

Employment numbers will lag for about another year before finding their bottom, unfortunately.

[Speck Tater]

11. The sky will continue falling. The human race is still doomed.

Civilization will still come crashing down.

Mostly it has to do with resource depletion. We are running out of too many things, including fresh water, phosphates (for fertilizers), oil, copper, zinc, etc. And then there's our crumbling infrastructure.

Plus, the American economy is based on vapor any more. Our manufacturing has all been moved abroad. They say we can prosper as a "service economy", but if we become exclusively a service economy, who exactly is it that we will all be servicing? Those far richer than ourselves, no doubt.

My advice: really enjoy electricity, Internet, running water and indoor plumbing while you still have them. It won't be long before they all become things of the past.

Disclaimer: I am either a gloomy pessimist or a hard-nosed realist. Only time will tell.