PICTURE OF THE WEEK

http://www.prudentbear.com/archive_comm_article.asp?category=Credit+Bubble+Bulletin&content_idx=52858 Credit Bubble Report

Even as the Dow sits scant 4% below Jan 2000 bubble highs, the market advance is getting more selecive. when the Dow finally tops, the majority of stocks will already be in bear Markets with 20% losses or more, this is a good time IMHO to examine your holdings and their performance. and maybe a very good time to RAISE cash as MM funds yielding near 4% and 91 day Treasuries more, challenging gains in stock market without risk.

Share volume in CHEAP bulletin board stocks last week ran 2 X previous ever high, the so called lesson of previous Bear Market are all but forgotten. Share volume for little GNBT rose to 89 Million one day last week.

Be careful, be very selective......the top making process continues and the current Bull Cycle is VERY long in the tooth, IMHO in respect to historic means. If you have fallen asleep with your investments, NOW would be a good time to wake up.

My blog for now will only be updated each Sat morning, unless a stock market move of 100 points or more has occured.

Duratek