Economy

Every time we're going down we're going up. Who dares to hold overnight? But there's never capitulation. Some things got really cheap. Intel, Disney, Nike, Abbott Labs. Alibaba too. I'm hearing of inventory buildups. There will be some great bargains end of year. But there's still no capitulation. These cycles can grind for months and years. Capitulation is when everyone wants to throw in the towel because interest rates are 10% and those who need a loan can't get one. When buying dries up because most people are broke. Think August 1982. That's capitulation.

I didn't know there is Google Finance. Thanks for the links. Maybe it will be more useful than my extra-primitive sites.