On this 13th Anniversary Global Financial Crisis Low,
we may want to heed the wise words of one of the greatest investors of all time.
“You try to be greedy when others are fearful, and fearful when others are
greedy.” – Warren Buffett
So we ask: are we hitting another March market low on the 13th
anniversary of the Global Financial Crisis low? It’s too early to be sure, but
today’s rally and the recent dire projections and fearful sentiment are encouraging.
CNN’s Fear & Greed Index
shown above has clearly reached the extreme fear levels associated with market
lows and turns.
Last week we posted how it was beginning to look like Investors
Intelligence Bullish and Bearish Advisors % were indicating that contrary
bearish sentiment was near bottoming levels. This may not be the final low,
but the bottoming process is clearly underway. Sit tight and stick to your