DOW over 10,000

[aaapolito]

While I firmly believe in positive thinking, I do not believe that the Dow breaking 10,000 is an indicator that we are out of the woods.  The main reason why the Dow cracked 10,000 is because after all of the layoffs it is inevitable that companies will start to become profitable again.  Ergo, the condition of our economy is not directly reflected in the DJIA.  Unfortunately, at this moment, it is exactly the opposite.

That being said, I do hope that we see a turn-around soon.

[aj_fresh]

aj, send it.

Auggie,

Do you have an email I can send it to?

[Sigma]

suckers market.

November the commercial mortgages reset.  massive losses will be triggered. 

We are not out of the woods yet.  Its possible that we wont do a double dip "W" shaped recession, but the most optimistic accounts are a long 'U'.

I wouldt trust any equity period until March of next year

Buy potash.

Yep, we've discussed this before.  The commercial real estate fall out is looming.  I'm afraid its going to be rough at some point in the near future.