looking ahead: week of january 19 through 23 , page-4

Sandy, I hope so, but even Obama is spruiking about how bad the economy is and that it will get worse before it gets better. Now I know that he's simply laying the excuse that it was the idiots before him (Bush, Greenspan & Co) that laid the foundation for this mess, but people will wake up and hear that once the champaign corks stop popping and fireworks are over.

I think whether we have hit bottom or not, it will be a volatile period to come as the occasional positive signal comes in between the various bits of bad news.

And that just means good opportunities for people who want to trade on that volatility, but also for people with a longer term view (which I disclose that this is my position) there are bargains to be had even now.