Carter Worth CNBC 10/23/08 - Carter Worth Stock Market Bottom Call

Carter Worth - 10/23/08 - Chief Technician at Oppenhiemer

Carter Worth has come back on CNBC today - 10/23/08 after I wrote about him earlier in the
week right here.

Carter continues to make the case that you should take a long position in these markets.

"When you come in during the morning and feel a little sick...thats a good feeling because it means we are starting to form a bottom.

Force yourself to Sell extreme strength, Buy extreme weakness....we know about all the bad news out there and we are investing on the long side now.

Our bet: It is better to be buying rather then selling right now

Avoid Financials

Buy BTU Peabody Energy