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 | |
|---|---|---|---|---|
| 10,023.42 | 1,069.30 | 2,112.44 | 35.03 |
Oil *
76.05
|
|
UP
17.46
|
UP
2.67
|
UP
7.12
|
DOWN
0.30
|
10 Yr
3.50%
SPDR Gold
107.43
|
|
+0.17%
|
+0.25%
|
+0.34%
|
-0.85%
|
Data delayed 20 minutes |














