April 16 2009 1:51 PM EDT

Some predictions

This will end up being bad timing just like the last SPX analysis, but I think the bear market is almost over. It could take some time to get there (fall?) but whatever the next low will be the end of it. There would also have to be another mini-crisis to get it there (commercial real estate?). The banks have seen their lows. They can sell off a lot and still not get there. Some could still disappear in bankruptcy, but the others won't make new lows.

Some people are saying SPX 1,000 but once again I don't think that is a sustainable price yet.

Gold is a bubble and will burst like oil did. Not sure when.