Hotdog
Alot of the current selling is forced, e.g.
http://money.cnn.com/2008/10/23/news/newsmakers/redstone_siklos.fortune/index.htm?postversion=2008102407
http://money.cnn.com/2008/10/23/markets/mutual_funds/index.htm?postversion=2008102318
The sad thing is that many of those currently capitulating will stay out of the market for a long time and probably return when we are near the next top, and thus suffer the next downturn.
Your call is correct Hotdog, just 2-14 months too late.
cosmos
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