There are two types of traders:-

- The quick, barrow boy, who can see the way a market is moving and ride the wave. These players are often looking for small frequent movements looking to get in and out of the market quickly. They also tend to burn out by the time they are in their mid thirties.

- The second is the slow sage, who has seen the markets and is looking for a fundamental shift. These players are not necessarily looking for the bottom of the market but they are looking for the fundamental shift. For example players in the oil industry looked in 2003 to buy oil and sell halfway through 2006 holding a trade for this long is not necessarily smart but it is what the fundamental players like to do.

At the moment the lazy fundamental players are scratching their heads and seeing that fundamentally some lows are potentially likely to be around for a 3-6 month window and then the market will look to rise.