WAS IT CAPITULATION DAY - WITH THE MARKET DOWN 440?

Today's News (I plan on documenting stuff each day with links when I can - as this is history.... should have actually been documenting things for the past year...)

The article stated: "Thursday's pullback came amid heavy volume, a welcome sign for some investors who are looking for the market to experience a cathartic sell-off that could lay the groundwork for a recovery. Some people think this is the capitulation we've been waiting for," he said. All along we've been hoping for a real violent sell-off and the end of the day today was a pretty dramatic move. Investors who have been groping for a bottom to the yearlong market rout have been worried that Washington's disagreements over whether to bail out the auto industry could lead to bankruptcies that would cascade into other industries and throw perhaps millions of workers out of work."

WAS IT CAPITULATION DAY - WITH THE MARKET DOWN 440? I MEAN COME ON - GE AT 13 - GOOGLE AT 260...(I think that is about where I bought it at when it first came public...& it got as high as 500 and something..) MOTOROLA AT 3 SOMETHING (IT'S CASH HAS MORE VALUE THAN THAT ALONE - AND WE AREN'T EVEN TALKING THE VALUE OF THEIR BUILDINGS AND LAND)

I THINK SMART INVESTORS FOR THE LONG TERM HAVE TO BE LOOKING AT PICKING UP THINGS AT THESE LEVELS THAT WILL SURVIVE THIS MESS. GOOGLE WILL BE ONE OF THE SURVIVORS... I CAN'T SEE GOOGLE HURTING THAT MUCH WHEN PEOPLE WILL BE AT HOME DOING MORE WEB SURFING FOR BARGAINS OR OTHER THINGS... THOUGH AD BUDGETS MAY GET TRIMMED...

GRANTED - THE TREND IN THE NEXT FEW MONTHS COULD BE DOWN - BUT I THINK IN THE SHORT TERM - THE MARKET IS WAY OVERSOLD (AND I AM DR DOOM.... BUT... COME ON HERE PEOPLE...GET REAL..EVERYTHING ISN'T GOING TO ZERO..)

IF WE DON'T SEE A POP IN THE MARKET TOMORROW -- NOV 21ST -- I WILL BE SHOCKED - AND I'LL BE A BUYER OF SELECT STOCKS NEAR THE END OF THE DAY - IF THEY ARE EVEN MORE ABSURDLY BEATEN DOWN...

YES - I THINK THINGS MIGHT RATE GOING DOWN MORE OVER THE NEXT FEW MONTHS - BUT NOT FOR THE NEXT WEEK.... THINGS ARE WAY OVERSOLD IN THE SHORT TERM... WE SHALL SEE.... AND IF YOU ARE ON A 3-7 YEAR OR MORE HORIZON - THERE ARE SOME GREAT DEALS TO BE HAD - BOTH IN REAL ESTATE AND IN THE STOCK MARKET AT THE MOMENT...