Tuesday, March 10, 2009

The Bottom is In!

Want to hear my bull case? Though markets this quarter have decreased the most since the great depression, and sunk past ten year lows, our earnings haven't sunk to those levels, nor rates. The last few months are going to be seen as a hiatus of depression in recession. Earnings are going to be disclosed much higher in 1st quarter than thought, and 2nd quarter particularly. The fear is subsiding quickly, which is the salient factor in the capitulation. Consumers are spending again, and saving. Many things are pointing toward confidence. This is a great bottom to put in on the books, and a great opportunity.

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