clue me in

Four Reasons to Believe in the "Bear Stearns Bottom"

"...so I held off submitting my column."

Timing is everything. If you hold off submitting your column you are still waiting to be right. It's kind of like " I WOULD have told you so."

Did the Fed's Move Prevent a Stock Market Panic?

Why am I not convinced that intervention works? At best, it appears to be a delaying tactic that spreads the pain over an extended period of time. At worst, it masks the pain somewhat while the patient dies.