How much longer will the market “recovery” talk be swinging back and forth?

Lawrence D: How much longer will the market “recovery” talk be swinging back and forth?
It seems like every day we get the opposite view coming out with people saying a recovery is underway, and others saying there will be no recovery, we’re headed into the tank. The stock market is bouncing around like a bobble head on a roller coaster – sooner or later it has to break up or down.

Answers and Views:

Answer by Vish
The fluctuations in the market are normal. It’s the nature of the beast. If anything, in my opinion, it’s “breaking up” already and has done so since the March lows.

What you’re hearing from the media, so-called analysts, and speculators are a result of pessimism and the “doom and gloom” that still lurks around from last year and early this year. Hard to believe it’s only been about 7 months ago. But all of a sudden when the market goes up, they get confused and change their views to cover themselves.

It’s all media-hype and sometimes its funny, if you pay attention to the media they will change their headlines in the same day or even the same hour. For example the stock market goes up in the morning they will having something like “Stocks rise on optimism” and when it goes down in the afternoon they say “Stocks lower due to profit-taking.” Some of it is just ridiculous. Sometimes, I feel like they’re doing it to try and influence or manipulate the market.

What I’m trying to say is, don’t believe everything the media says, or the so called “professional” analysts, and definitely do not believe any speculators. They’re all just trying to make a name for themselves, which is business as usual.

What you should focus on are the news for specific companies that you’re interested in. And you should focus on investing with your own analysis and diligence, not some bozo that changes his mind all day. In my opinion, that’s where “average investors” get in trouble, they take the words “up” or “down” of these analysts and then they don’t even understand the reason why.

In the long run, everything will be fine. Don’t pay much attention to the daily fluctuations.