We are all looking -- at least I am -- for someone to describe the stock market so that we can believe again. Cramer tried it yesterday. I hope he's right. Depression -- now off the table because of the stunning .75 drop in interest rates by Bernanke and the fed. Mortgage interest rates of possibly 3 1/2 % for 30 years. Everybody out now to buy up real estate and mortgages.
Turn-around in real estate: before yesterday he was saying, wishfully? June 30, 2009. Now earlier, like NOW.
Verbatim from last night:
http://www.madmoneyrecap.com/madmoney_nightlyrecap_121608_1.htm