i read today in the local paper that the writer of the column didn't understand why people were so freaked out by the 4th quarter earnings. i agree we knew they would be bad and in some cases really bad. i personally think the 3rd quarter will be the tell tell signs of where the bottom ends. i do think unemployment is gonna hit 10% and i do think banks are gonna fold this year by the end of the 2nd quarter. we have already given the administration the rest of the tarp money, so now take that money and clean the books. we all know where the first half of the money went, it went to pay off dividends and corporate salaries and bonuses. the moderate in me says let the market take its course. its going to do that anyways whether the adminstration likes it or not.