Has the Stock Market Seen Its Worst Days?

Opinion is split on whether the stock market has bottomed from its most-recent correction. For over a year I thought the market was due for a big correction, and the most recent 10% correction fits the bill.  There was a little bit of panic mixed in with genuine concern over sub-prime.  However, I think things in the market have stabilized and will go back to what they were doing before this scare; they will rise.

Many think the market is showing its first signs of a major downfall, but I disagree.  Stocks remain well priced and things look brighter while investors have calmed down.

Written by Nagel on August 25th, 2007 with no comments.
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