Freedoms Truth

10 Reasons Why We Still Haven't Hit Bottom

"If there's any upside to this recession, it's that we won't have to put up with all those house flipping shows on t.v where complete morons made a whack of cash just because they woke up that morning."

Uh, they've been replaced by " buy foreclosure" infomercials and 'buy gold' ads.

10 Reasons Why We Still Haven't Hit Bottom

"Most bottoms occur when no one thinks it is. "

A marvelous self-refuting comment. It's tough being a contrarian bear when bearishness is rampant.

I thought November was the bottom, but when it when below 7200, everyone just cr*ppped, thinking "where is the bottom?" As of today we are above several levels of support from that bottom.
We may retrace, but then again buy a company at single digit PE that will survive until 2011 without going BK and you'll have a winner.

It is probably a good time to buy if and when it retraces.

The Tyranny of the Shareholders

Yes, lets bail out the taxpayers and the productive, honest, working people, not the failed businesses, unions that forced contracts on management to pay people to do nothing (Job Bank idea), and other non-productive rat-hole expenditures. This just mires our economy in mediocrity.