Dow 13,146.00 41.00 0.31 S&P 500 1,454.40 4.50 0.31 NASDAQ 1,900.50 8.25 0.44 Very nice indeed and still five more hours till market open. We should see a strong open an a continuation throughout the day. Have we bottomed? I think so. A lot of brears predict this recent bounce is a dead cat and finally the market will get the good ol' so called 'healthy' correction it needed on the heels of subprime, lending, and liquidy issues. Or um maybe not...Perhaps we'll have to wait awhile longer before we see that big correction bears have been clamoring for since 2004. Why will the market resume it's huge rally which began waaaay back on Oct 2002? We can analyze numbers, earnings, growth, PE ratios, overbought/underbought, eliot waves, etc. Or we just just turn on the TV to CNN, FOX, MSNBC. The fact that dull, milktoase, unassertive candidates like Hillary oabama, guilliani, Romney and Mcain are able to gain so much footing is all the PROOF you need that the market is gona surge and that the subprime, housing, lending thingy isn't a big deal. Ameircans are doing fine. Americans dont care about open borders or free trade. Lets get cheaper goods and higher gas prices. No problems. Keep sending troops into Iraq. No problems at all. Americans still have plenty of money to burn and credit card debt to accumulate. Hillary is on fire. So is this putz Obama who learnd his foriegn policy from watching Captain America. Neither of these canditates offer much or promise much. If America were really in trouble, if things wern't good, American voters would demand a tyrant like Hukkabee or Ron Paul. Same as when the germans flocked to Hitler when germany was falling apart in the early 30's. Or Americans voted for the socialist FDR during the Great Depression. Also the TV media is focussing still on stupid public interest stories like Dogfighting, some hurricane, an earthqauke, a few trapped miners, and other distractions. Nervermind the war and 1000's of lost lives, nevermind consumer debt, nevermind the shrinking middle class, nevermind the open borders. Conclusion: time 2 buy. The doom and gloom isn't here. Just go long and make money. Don't fight the trend and avoid trading for intraday ticks when the real profits are made in the big overnight gaps. CNBC may keep talking about volatility over and over anbd over but if you turn off that idiot box and go long on some shit you will make lots of money in four to six months. A 1000 point rebound in the dow will equate to some serious green if you go long now. w3rd.