I don't think many(besides the crazy) thought it would turn around that fast. But, when you look and see the markets tank every time he opens his mouth it brings up a lot of questions.
The problem with the Dow Jones (and I really need to find the articles dealing with it) is it's no longer industrial or an average.
Take a look at the companies in the Dow Jones and see what companies are involved in this debacle of housing credit and mess and you'll see a lot of similar faces.
Yes, I fully expect these companies to have their stock prices tank on news that the things that let them all get rich are gone and now the government might have to step in and fix them (probably removing most profits for a long time).
But to tie it back into the thread here:
A lot of people are saying "we already picked this spot" or "we've already spent money on it", which to me is like saying "well I'm already in my pajamas"
It's a thinking of "I don't want to deal with it anymore" which is not the thinking we need for this kind of stuff.
*edit* Don Jones!