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Re: hatelosses post# 51338

Wednesday, 08/12/2009 5:44:55 PM

Wednesday, August 12, 2009 5:44:55 PM

Post# of 110645
It's not a different market. It is still a rally within a bear market.

What "should" happen as consequences in a capitalistic society.... is being legislated away with postponement tactics. The rule is that the piper must be paid (regardless of legislation) unless time can be bought to make the problem disappear or be hidden better.

I know this to be a bear trap. Others know it to be a relief rally. Still others know it to be the beginning of a bull run & the ending of a recession.

For me, a good reading on the investment climate is mandatory. There is going to be some storms ahead in the next few months, but the whopper might not come until 2010 (IMHO). This puts a lot less pressure on me in the meantime :)
Also, the opinions of the board help me make my trades.

It's like the ice cream shop sign in North Dakota during December: "Closed for the season. Reason: Freezin'". I don't really care to show up to a market that is not functioning!

Glad to see your PIF sign. Bravo!

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