Anyone Have Any Motion Sickness Pills?

Today the DJIA - that's the "DOW" to the rest of us - went up 936.42. This was the biggest point gain in the history of the index and the largest percentage gain - 11.08% - in the history of the index, according to this CNBC web page.

Isn't it amazing. The end of the world was at hand on Friday and today everybody is drinking happy juice and uncorking the champagne. Friday everyone was worried about not being able to retire and today it's "Happy Days are Here Again!" Roller Coaster CIty.

Hey, it ain't over yet. That's why the stock market and any investment including real estate should be viewed as a long term investment. I actually wrote about this today on my "outside" Blog in a post called My Crystal Ball because I got an e-mail from someone who wanted help finding a condo he was only going to live in for five years and he wanted to make sure I helped him pick out a place that would show a profit.

Five years is what I would call "intermediate" as far as a time horizon goes. Who knows what might happen? Heck, as the Dow just showed, if you watch that index from day to day you could get seasick!

So, hang on, pass the Dramamine and let's see what happens tomorrow when the bond market re-opens and we'll get a fix on mortgage rates.