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Buffett Says "No" to Bottom-Fishing: Do You Think It's Time?

Warren Buffett's latest remarks have sparked intense market debate. Holding a record cash pile of over $3500 billion, the legendary investor made it clear: the market is 'not cheap,' and he has no plans for large-scale bottom-fishing.
Warren Buffett's latest remarks have sparked intense market debate. Holding a record cash pile of over $3500 billion, the legendary investor made it clear: the market is 'not cheap,' and he has no plans for large-scale bottom-fishing.
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Are Stocks Cheap?
Less than 20% stocks of $S&P 500 Index (.SPX.US)$ components currently have an RSI below 30. Historically, a proportion of 40% to 50% has been the hallmark of a mature rebound opportunity.
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