I’ve posted Entry #98 to my weekly Investing: The New Rules column at the Death by 1,000 Papercuts site. It’s called Doom and Gloom Is a Dead End.
Juicy Excerpt: The Doom and Gloomers were able before the Buy-and-Holders were to see that things were headed downward. We should give them credit for that. But now they are concluding that things will continue down, down, down. The same principle applies on the way down that applied on the way up. The downward motion causes things to happen that bring on upward motion.