[palmer]

Pinging your post #8, can't argue with those facts. I also mentioned on another thread that investors will deal with losses in typical stages although they will not all be in the same order. In denial they stay in the bear market. In anger they start to sell, call for Congress to skin some CEO's etc. In bargaining they will cut spending and perhaps sell their houses. Depression and acceptance will be healthy signs, but those seem to be a ways off.

Of course that doesn't help to predict the market, but may predict how it affects the rest of the economy.

[gaspar]

I'm sorry, but whoever wrote this about Cohen "the bull" is dead wrong. For more than two years Cohen has been urging caution. She really backed off tech stocks and had little good to say about the NASDAQ. Of course, she had little bad to say, but for those who followed her, her picks were invariably cautious and she led the flight to old line stocks. Now that she is upbeat, we can feel a little better because she is a very wise woman.