Sandler O'Neill's Harte says that the market has bottomed. It truly shows how much of a marketer he is. Firstly, the DJI being in the 12,000s mark makes it being near historical highs. Secondly with so much uncertainty with the world economy, it is hard to even predict the markets reaction.
However, for a marketer like him to succeed, he needs to sell his ideas and sell it fast. I would only take to his word when his specific investment has risen more than 10% during the next quarter and stay that way for another quarter, that way he is not selling and covering with other people's money, making money for himself.
