Bottom

This quote is from some publication - don't ask me which one - maybe Yahoo. "I don't think anyone can say we've reached the bottom yet," said Chuck Gabriel, managing director of Capital Alpha Partners in Washington. "It's going to be a very gloomy Christmas." Kim Caughey, equity research analyst at Fort Pitt Capital Group in Pittsburgh, said that "for investors to get more confidence, we need to know details" of the new administration's plans to handle the crisis. "There's been a vacuum of leadership" she added, "and when that happens, you get fear and rumors, and then people sell." It came from about two weeks ago. These people know nothing. They panic just like everyone else. Even their guesses are half-hearted. They are too scared to stick their necks out and say something concrete. I think what I said was that the market had already hit bottom - it's time to start buying. You can have a different opinion, of course, but at least state it - don't be a marshmallow when you talk - please.

Tree Rings

Dendrochronology is the method of scientific dating based on the analysis of tree-ring growth patterns. It uses tree rings dated to their exact year of formation for comparison studies which yield results allowing only a very narrow margin of error. The technique was developed during the first half of the 20th century by Andrew Douglass, the founder of the Laboratory of Tree-Ring Research at the University of Arizona. The technique of dendrochronology can date the tree rings in many types of wood to the exact calendar year each ring was formed. It is the method by which more than one expert has estimated the age of the tree from which the Messiah Stradivarius was made.