Bailout alone will not be enough!!IMO, Wallstreet / Baystreet is waiting for gov'ts to drop interest rates before we start the bull season. Once the interest rates are dropped then commodities will be likely to bounce back ... big time. I think they will have to cut interest rates and then keep a very close eye on inflation... if inflation gets out of hand then interest rates will have to be put up again ... but that will take about a year or so and by then the whole housing crisis will probably be abated. Its in a years time or so that we will really have to worry about commodities ... At this time, I'm not too worried. Another week or two we should hear news of interest rate cuts ... The bailout and the cut in interest will be the oil that greases the system. No pun intended.
That's my opinion and I'm stick'n to it, lol. We will have to wait and see how this all unfolds. I've been wrong before, but my intuition / logic tells me that i may be right this time.
P.S. - although coal doesn't seem to be too weakened, we are lumped together with other commodity stocks - just like potash. There is NO WAY that POT should be trading @100 IMO. Crazy markets!!