It's obvious the investing environment is not the same as itwas 2 years ago. PG is a good example. In 2007 Jerry's expectation would probably hae come true (well maybe not double digits but higher than where it is. We can't gauge what will happen in todays environment based on what happened to stocks in 2007. It's completely different.

Many stocks that have been getting a good jump from nice results on the past few months are already pulling back. Making money in these markets will be tougher than it was in 2007 but thankfully, at least not yet, not as difficult as it was in 2003.