Posted By:
Charlie BarokasJeff,
Are you trying to be a contrarian indicator? The Vix or Volatility index is very close to signaling a bottom in the stock market. When fear is this palpable...money is made buying not selling. Bear Stearns is the perfect catalyst to raise enough fear to put a bottom in.
I will make you a friendly wager that the stock market is up for the week...and higher a month from now and higher 3 months from now.
I think this board has become a touch Draconian.
CB