Peter Brimelow at MarketWatch highlights our research:

Wall Street rebounds, and no one is happier than Louis Navellier.

Last Monday morning, I was writing about the previous week's stock slaughter, which badly shook some letter editors. See Oct. 22 column

But last week's solid gains have calmed them down. You know how they are.

Navellier publishes two letters monitored by the Hulbert Financial Digest: Emerging Growth, longer-established and small-cap focused, and Blue Chip Growth Letter. It should be noted that he's been optimistic throughout this difficult month. In fact, he's been a staunch supporter of this bull market throughout earlier stumbles. See June 19, 2006 column

His recent rationale: rate cuts. He writes: "The bottom line is, when the Fed cuts rates, investors get happy. And when the Fed makes consecutive rate cuts, the market soars. Obviously, both business and consumer confidence rises as interest rates fall. A rate cut will help our banking sector, keep consumer spending strong and further shore up the housing market. It's simply necessary for our economy."

Peter also blurbed my book, The Little Book That Makes You Rich, which he calls "a real contribution to investment literature."