A MESSAGE OF HOPE "THE PHOENIX WILL RISE AGAIN"

*(welcome to all my new readers, my google analytics show me traffic here has hit its highest since I started 4 years ago.....)

BEAR MARKETS are major destructive forces. And they help to bring things back into order, help to correct the previous expansions excesses and helps to rat out the creeps, like MAdoff.

We are witnessing a "not your ordinary" bear market. There is still potential for additional severe losses. Using forward 12 months SPX earnings, dividend yields, PE Ratios and technical analysis I can safely surmise the BOTTOM is not IN YET, all IMHO of course.

Think of all the companies laid to waste, all the financial and insurance firms, the retail stores like Circuit City, the auto companies, home builders, shippers, Fannie Mae and housing in general. Las VEgas is suffering. PEOPLE all over the world are suffering.

But know this, from this devestation, the stage will be set for a REBIRTH. And if one can time it decent enough MAYBE the buys of a lifetime.

With lots of comeptitors knocked out there will be room for growth again. I just don't know WHEN.

I see the potential for SPX 300-400,

The key to this is....... SURVIVING it, To not be loaded down with DEBT, to have raised cash to have lived within your means.

SIMPLE TA could have helped avoid disaster. Most opinions uselss, news uselss. TV useless.

WE cannot live like each day is our last, but like each day is the beginning of the next and we have a future and all is not lost.

But the preceding excesses were so great, mighty have fallen, there is lots to be done and this has to work itself out. IT is possible GOV can make it worse and they aren't answer to everything.

This is something that cannot be fought, it needs to burn itself out. We are FAR closer to its end then from its beginning.

Good luck and best to all

DUratek