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Old 03-16-2008, 11:22 AM
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Default The Depression of 2008

Posted By: Charlie Barokas

Jeff,

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

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