Tom, I hope your optimism is justified. Perhaps though, the reason you haven't sold your stocks yet is simply they are no longer worth much and you don't need the loss.

Or, maybe you just don't know. After all the CEO of Global Crossing, Garry Winnick, claims he didn't know his company had accumulated 12 billion in debt when he sold his 123 million dollars in stock. Boy, was he lucky. Right after this, Global dropped from $64. per share to $.02, then tanked into bankruptcy.

Again, Conseco CEO Steve Hibbert drew out $457 million over seven years while the stock holders lost 90% of their investments.

And the dollar has dropped off 18% this past year against the euro while we watched 5 of the 10 largest bankruptcy cases in US history.

The glass is half full.

Cheers, Publius