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Maybe Frosty thinks everything will be fine next week or the week after.
I guess those who listen to enough CNBC and believe it might think so. I mean the bailout was supposed to calm everyone down!
Larry Kudlow made a point of saying on CNBC last night that it was "American" to be optimnistic. It was "American" to be buying these undervalued shares. He also, as per normal attacked gold, saying gold had "done nothing for months." I felt like e-mailing CNBC as I have done at times in the past, but didn't bother as I have found that it changes nothing.
Obviously Larry Kudlow imo is using the airwaves as a cheer leader while ignoring the facts. He of course failed to point out that the Dow (or stocks) have now done nothing for 10 years!!
