had there been a worst period in the stock market?

i am not old enough to have lived through the 1920-1930s stock market

comparing the 1970s with the past few months is difficult as the carter years were long and so bad that it got most to have a "do not care" attitude.

this recent malaise seems sharp and epic, but the illness has been brewing for years.

of course, most including myself rode with our investments on the coattails of this real estates bubble, hoping that it will never end.

for those who voiced their concerns and actually left the ride, kudos to them.

i and the many who are now squeezed by the massive closing of lending sources throughout the world, as they are fearful of not getting their monies back.  the ride has hit a wall, or more appropriately, fallen into the grand canyon.

while the treasury and the administration hope to lower a large rope and pull the nation out of this hole, a similar hole created on the other side of the world is deep enough to touch our own cesspool.

if they were to meet, no rope long enough can pull anyone out.

it's this fear that send the masses out of the game.

paul