SHEDLOCK ON BAILOUT AND SELL OUT

http://www.safehaven.com/article-11366.htm US $$ is UP SHARPLY this AM and futures DOWN sharply.

A point I would like to make is there seems to be a lot of indecision in the market, but the trend is down friends, so unless you are LTBH types, you better be Jack-Be -Nimble here,,,,there is NO way to get too comfortbale....when ANY news event can scream the mkt one way or another.

If you were short let's say back in early part of year, perhaps you are riding the trend, but not now, even if sure mkt is down, they will do best to chop you up.

IS mkt still thinking no deal? or BIG DEAL? If economy is failing why haven't analysts racheted down sharply SPX earnings?

I wouldn't be so bold to predict final price bottom here, but I have said and will again, EVERY BEAR MARKET ENDS WITH A PERIOD OF PANIC SELLING which exhausts sellers making it less risky to come back in and SIT LONG with stocks even IF world seems still unsettled.

MOST ANALYSTS have very little CASH to buy that bottom, even the ones not bullish.......

Money flows somewhere, so what will do well going forward? MANY are saying DEFENSIVE sectors like healthcare and consumer staples....maybe so, BUT in a BEAR MKT it usually does good job finding where you are hiding.

Gov interevntion here is most dramatic since 1929.

D