Drinks Americas Holdings, Ltd. (DKAM)

[coach33]

Sneaky, I value your opinion but my gut tells me we're going lower. Most "401K" and "Money Market," Middle Class folks have just barely figured out how to get their money out. They are now working on the teory that CASH is King and they are hunkering down for a long recession and possible depression IMO. The booze will still sell.

They are scared and they don't trust Wall Streeters or the Politicians with their money for good reason. The politicians haven't helped by continuing to preach of Wall Street Greed when the REAL Issues / problems reside in the halls of CONGRESS. Pelosi, Dodd and Reid. Good luck bringing the market back with Obama (Tax man) in the midst. If he wins, which it certainly looks like, we are all in for some serious problems and the credit situation will go on indefinitely. The booze will still sell.

Two things drive the market as you know. Fear and greed. Hopefully it's not long before the fear driven SELL OUT slows and is over taken by the VALUE hungry investors. Stocks, as home prices, were mostly OVERVALUED and have been for some time. Obviously, judging by the state of their financials now. IMO. Corrections are painful! I think we're going lower but hopefully we are not far from a bottom. OR ELSE!! The booze will still sell. IMO Coach