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Credit Crisis Watch: Some Positive Developments [View article]
> Very nice but shhhhhhh the herd is still selling.
If you think this is over with the Dow only haven gone as low as 7500 then you are sorely mistaken. This is the same level that marked the bottom during dot bomb. During dot bomb S+P 500 earnings were actually growing exponentially. Now they are collapsing. Global trade is collapsing. Jim Rogers says the Pound Sterling is finished. I could go on and on, but there is no way this market avoids a trip back to Dow 4k.