[proxy_user]

If the down went to 7000, good companies would be trading at 8 or 9 times trailing earnings, and paying dividends of 6 or 7 percent.

How could it go that low with all the cash available for investment? The only time that happened was March 2009, when big institutions were desperate to raise cash.

[Baynative]

I’m the last person you want to ask about how the market works. I still can’t understand where the $85 Billion a month has been going for 6 years and how the market doubled with so many people out of work and individual corporations showing stagnant earnings.

[taildragger]

If the down went to 7000, good companies would be trading at 8 or 9 times trailing earnings, and paying dividends of 6 or 7 percent. How could it go that low with all the cash available for investment? The only time that happened was March 2009, when big institutions were desperate to raise cash.

And the only guy I know that called bottom was "Dougie Kass". I'd like to hear his take now.

This time it is not just Euro headwinds, we are dealing with an ugg-known of Ebola, and if it gets out of control, who flies or even want to go to your favorite grocer for a box of band-aides or detergent for your clothes...