It takes time to sort out that mess and to gain confidence. And in reality an economy is based on that. Without confidence no one will hire a lot won't spend nor will anyone buy a house without confidence that employment will be there. I think you have to put it in perspective and to think we are rushing in to a bull market is wishful thinking hence the range trading. But little by little it happens and as they say the market looks 12 months ahead of where the economy is. But for me while not saying everything is rosy is does make a mockery of the 4000 Dow calls and that's probably why people are happy to see numbers beat expectations.
