Is the Stock Market headed up for the near future?

Question

I asked a question about now being a good time to invest in an IRA earlier and received many responses saying that the stock market was very low, but that it had yet to hit bottom.

With Gas falling, are we going to continue to see this upward trend. I have some money to invest, and don't want to put it in now if it's going to drop again soon. On the other hand, if it's going to keep going up, I should probably get in soon.

I know that there is really no bad time to invest, but I am just curious how much more you all feel the market will go down before returning to prominance.

Answer 1

the market can only go down from here. Interest rates are headed higher. And stay away from gold till after the election. I speak from 30 years worth of experience.

Answer 2

ask here.  unbiasedstockanalysis.blogspot.com

Answer 3

Invest it now.  Sitting on the money is a losing proposition.  No one can tell when and where the bottom is for every stock.