We are finally starting to come to those stocks that haven't given up ground yet. This is the first time that these stocks that are priced for perfection have shown some imperfections.

The bottoming process is going to take an awfully long time. There's been absolute decimation for many, many stocks, and there are many nervous shorts out there so you don't need much to spark a fairly vigorous move.

I think most folks know what they want to buy. Certain stocks are starting to creep higher and you want to be ahead of the curve.

To be absolutely alone for the first time in the cockpit of a plane hundreds of feet above the ground is an experience never to be forgotten.

We haven't announced pricing yet, but I think it's compelling given the alternative. It will probably be about 10 cents to the dollar when compared to replacing radios. That's a bargain.

With scandal-ridden capital markets, a mediocre recovery and still high valuations, a lengthy bottoming and healing period is needed before we get a substantial upturn in equities.