Sunday, March 15, 2009

Stocks Bouncing Near the Bottom
This is a futile exercise, calling a bottom, so, I'm not calling one, but just speculating. The DOW has to bounce off of 6400 +/- once more. The NASDAQ MIGHT, just MIGHT have to bounce off of 1250 +/- again but frankly I doubt it. The S&P might have to bounce off of 640 +/- again. There, got that outta my system.
The Democrats like government, committees, and big collections of folks who can't reach a conclusion and like lots and lots of money to spend on things that don't work, aren't accountable and eventually they blow themselves up. They like to suffer. It's their nature.
The Republicans like lots and lots of money in their pockets, wars, heavy industry, incompetence, fear and trembling in the population and the world. They blow everybody else up. Plus they're not terribly bright and blame everybody else for the ill they begat. But, they can bring themselves together as somewhat of a cohesive group of dingbats, airheads and fundamentalists. Buckley's dead, what else can you say?

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