Please know I'm only interjecting because of the amuzement of it all. I guess none of this stuff really matters in the long run because fortunately we can only go soooo far down before the trend reverses and we honestly start going back up.
What stuck me as more 'funny' or 'amuzing' is that the Top Officials have already made it very clear that they will not let the details out and when questioned by the bigger names in Media - it was incredible how the Top Officials responded. They said enough for me to get the jest: 'We are not going to let the details out' as things are worse than we realized, we don't want to in any manner impair the Markets rebounding, the full details are too scary'.
It's way beyond any (and all) of us - the government will tell us only what they feel is appropriate. They are desperate (as are the other countries) - and obviously the full details would likely spark a huge panic, comsumer confidence would plunge even lower, and who knows what else.
If you take everything into account - and ignore this and that - but honestly take everything and weigh it out as Adam Hamilton (who Lady connected me with) has done; then a real bottom was reached and it's no longer a matter of Capital Preservation and waiting for something that's already occured... it's waiting for the initial volitility that occurs shortly after you hit the bottom to give you a good entry point so you don't miss the successive gains.
I seriously doubt we know the full details for years to come.
You're a good man for setting the record straight.
OK - Lunch is over - have a great day everyone.