At 70 billion dollar burn rate per company (as AIG just did), it will only take 3 weeks in total to destroy all that trillion dollar. The only way a trillion dollar is properly deployed is that when all those people who in the first place made the mistakes and created the mess right now are removed from their positions.
Well you lost 5% just today while looking for a mere 3% rise. Awful call. No way around it, just awful.
At some point the fiscal stimulus is going to work at least temporarily. It wil also introduce some major unforseen consequences.
i have much greater time and price horizons than 10k by 12.1. these are long term calls, i do believe the roaring bull market is back for atleast the next 2 years and the absolute bottom is 7777. will there be volatility between now and the next all time high? sure, absolutely--how you trade it, is up to you. suffice to say, i am very confident in this call, as well as the gold < 600 by 4.1.2009. regards surf