PM MARKET WRAP

*that right shoulder keeps growing I charted.


Buying enthusiasm continues to retreat to the levels of the previous market lows in MArch, this sort of buying behavior is not in line with any previous bear market bottom.

The more I talk to people the more I am convinced there is more ugliness ahead, and the avg person who knows nothing of stock markets can feel it to.

Something is horribly wrong, either the wrong things have been implemented to repair the economy or the decades of risky Fed policy have come home to roost and there is little that can be done.

With so many companies cutting capital spending, it seems nearly everyone but Lebron JAmes is cutting back on spending....sticking their head in the foxhole.

What has been done is $Ttillions have been spent or committed to our current course and that is to BAIL OUT the banks and the AIG's of the world and then see some of them like C HIKE up the rates 15 Million pay on their credit cards....thank you, we appreciate it.

Now I'm telling you this....this whole system is crooked, and Im sick of the idiot near labotomized politicians pandering to the special interest groups, selling us down the river.....WHO for goodness sakes is speaking out for the avg American?

I cannot stomach another speach from Obama. I cannot listen to another word from Geithner nor Bernanke.....to me they are all liars, decievers, manipulators....career politicians...self serving types.

WHat needs to change in this country is to GET THE GOV OFF OUR BACKS! Make it SMALLER,,,,,,,ELIMINATE the tag of WORLD POLICEMAN...we cant friggin afford it. We are sold out to the foreignors....do we really want COMMUNIST CHINA holding most of our DEBT?

REDUCE friggin taxes...on the REAL MIDDLE CLASS, make gov smaller stop adding CZARS and departments.....gov getting larger is self serving...propagating. CUT GOV SPENDING...look these idiots dont know whats best for us, give it back to the American people........let private....public AMERICA GROW NOT GOV

BANKS WONT LEND, the same ones who screwed us doing it again...with 1st Bush , now O and GANG and us the patsies....answer this FED " WHERE THE F DID THE MONEY GO??? ever heard of water boarding?

Duratek