[Stock Market] Still Not Time to Sell?

(Image from New York Times)
" Even now, with the recession deepening and markets on edge, Wall Street analysts say it is a good time to buy.

At the top of the market, they urged investors to buy or hold onto stocks about 95 percent of the time. When stocks stumbled, they stayed optimistic. Even in November, when credit froze, the economy stalled and financial markets tumbled to their lowest levels in a decade, analysts as a group rarely said sell. "

I am not an expert, nor do I buy any shares of stock. However, it is surprising to me that Wall Street analysts still telling the public "it is a good time to buy". Really? Still a good time to buy when the stock market goes up and down more than the Pacific Ocean waves? Analysts stated that it is still a smart choice to buy shares of stock from industries that produce goods that have increasing value in this bad economy, for example, aluminum manufactures.

The following picture illustrated my understanding of the stock market.

[Source from nytimes.com, click to learn "Why Analysts Keep Telling Investors To Buy"]