[ThePythonicCow]

My guess is that the Plunge Protection Team orchestrated this apparently unusual rebound in the market, doing the best they could to paint a picture to the chartists that this was a bottom.

I remain bearish, though would not be surprised by a few months of bullish teasing from the market, before we take the next step down. The bear is hungry, but first must taunt some more fools into its cave, in preparation for its next meal.

Other than some employees and stock holders of Bear Stearns, and some folks who are getting foreclosed on mortgages that for the most part they shouldn't have held to begin with, we really have not yet had the moment of shear panic and terror, followed by the months of depressed gloom, that it takes to form a solid bottom.

We have not yet begun to digest most of the enormous losses that this collapsing finance bubble has generated.

[cherry]

the problem for bears and other forest animals scurrying about for subsistance, is that where the heck do you put your money if all you can get from cd's is about 3%.....for the many people without defined pensions, we need a better return, in a safe manner.....

seems that you have to be a rabid speculator to win in the stock market....slow and steady doesn't cut it....