Two years ago, most investors felt like optimists and proclaimed that we lived in the best of all possible worlds. At the time, I (a pessimist) feared that that was true!
By contrast, in 2008, after it has gotten as dark as it has, one can finally (as a result of policy decisions and signs of a thawing in credit) begin to see the stars. Accordingly, investors (not traders!) eyeing the intermediate-term outlook should now begin to feel like an oversexed man in a harem, as this is the time to start buying stocks. And, in case you were wondering, this is not another April Fool's Day joke; it is honest October optimism. Doug Kass writes daily for RealMoney Silver, a premium bundle service from TheStreet.com. For a free trial to RealMoney Silver and exclusive access to Mr. Kass' daily trading diary, please click here.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,058.64 | 1,070.52 | 2,150.87 | 36.33 |
Oil *
72.02
|
|
UP
150.25
|
UP
13.78
|
UP
24.82
|
UP
0.41
|
10 Yr
3.63%
SPDR Gold
105.45
|
|
+1.52%
|
+1.30%
|
+1.17%
|
+1.14%
|
Data delayed 20 minutes |
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