of course it is painfull but think about it taxe loss time is coming

and carmaker carnage is just around the corner.

i could be wrong but i figure the bottom will be reach when the dow will be between 5500 to 6000 points and not before that.

we do have a lot much worst to see before the end of this nightmare.

i am in total cash position right now exept my kxl position

i wish they will stay silent till 2009 because whatever they will release the salers just keep hitting the bid whatever the bid is and no buyers is out there and believe me all of those who though that buying at the present level since 2 weeks was a good idea are now mad at them and won t buy volume for a while.

as soon as the real capitulation will be see (5500-6000 on the dow) then a regular rise constant and solid should be see ,

glta

dmaster