Â Jim Rogers appears on CNBC to discuss current market conditions on April 1, 2009.
It’s very powerful [market rally]. It looks as though it’s the kind of thing that might go on for a while. I am not participating. I think that maybe we have seen a bottom, but I don’t think it will be the bottom. So, I am mainly sitting and watching.
The only things that I have been buying is more commodities because if we have hit bottom commodities will lead the way out and if we haven’t they’re not going to go down as much.