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Re: marketmaven post# 402421

Monday, 06/20/2005 2:30:52 PM

Monday, June 20, 2005 2:30:52 PM

Post# of 704044
>>The Conference Board reported Monday that only one of the 10 components of the leading index -- stock prices -- increased in May.<<

Amazing. That's what I was eluding to earlier when I said no one could be looking out 6 months and feel comfortable buying stocks higher.

Bush out saying today that China must do something with their currency. No balls to do what is needed here at home. Too many votes lost in a 'tough love' approach. Neither side is willing to do what is needed. That is why I see little hope of us not falling into a serious financial nightmare.

Joe

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