Thinking next year is going to be more about stock picking vs just riding the market as a whole.. There is so much out there under valued and so much over.. mcp case in point, here you have a company that now has a $4.2 Bil market cap with little to no earnings for a year and only one mine.. run all on hype and scare,, now does anyone really think it will hold this til they start making money... Then you have the banks, which imo are undervalued. As I have been saying all along if these banks dont get moving soon, what every rally we think we have will not hold.. Then we still have the jobs issue,, imo this report means nothing.. Temp xmas jobs, which will be gone next month.. and is oil keeps climbing, well, that will not be good for anything as it will take ma and pa $100 to fill the gas tank.. it really is hard to put the roses colored glasses on that it seems that everyone else is wearing
