Turned a Corner or Why Investing In Heroin Ain't An Option
 

Looks like the Stock Market has retested its lows of 8000 on the DOW and is bouncing off of that low....that ultimatily is good news...we are apparently are in a trading range of 8000 to 8800 on the DOW.

As in every crisis or downturn things over shoot the fair market value and soon return to more of its true value....I think that is largely true of the Stock Market...I would hope that it becomes the Market of choich for investors, when they get over their stage fright.

RE, Bonds and Commodities all have had a run....and all have come crashing down off the unrealistic highs that were created.

You a subscruber to Brinker?

no, but expain his thoughts if you will please.

I agree.

People are jumpy, but we do seem to have a rough hover above 8000. Touching the floor would be nice.

Unless something drastic happens I think 8000 is going to be the floor...it has been tested and retested continulousily since November....

We ain't through the woods yet.

Much like it is time to sell your RE when "the price never goes down", I don't think we'll start to see a meaningful recovery until we start hearing "there is no recovery in sight".

I am aware of the contrarian position...