I couldn't take it any longer... Did I get out at the bottom? ($4.76) Only time will tell. I'd been planning on dumping it the end of this year as I figured eventually everyone would start to realize that the financial crisis is more serious than expected and it won't be long before municipalities and state governments start defaulting on their payments. Generally, budget problems lag a recession by a few years, but as it was just announced that we've offically been in recession all year, that could hasten the process. Still, I probably would have been OK if Lehman hadn't been allowed to fail. The liquidity crunch that ensued flooded the market with munis.

The 'tradable' bear rally is underway. I can't see how it really lasts too long as I'm expecting horrible holiday shopping numbers and a slew of retailer failures being announced early next year. The DOW closed today just under 9K but the ascent is counter to all common sense.