"IT'S GOING TO BE A BUST"

CHANOS ON CHINA BUST OUT

There is no way I am aware of to precdict WHEN a CRASH will occur, only 2 I am aware of last 100 years, 1929 and 1987.

Doug Noland's "ISSUES 2010"

Understand what environment you are investing in. If your near retirement and don't need access to ALL your money at once, guaranteed account annuities may be worth looking into. One I heard today offer 8% guaranteed returns with a 10% BONUS paid up front from day one.

What you give up to get this is freedom of that money for a STREAM of monthly payments. I have 2 smaller accounts in one called GRIP but at 6%. You can put the money into mutual funds and depending on the RULES can after usually 3 years pull all money out if you want or anytime after that should your investments better 8% a year, forgo the guarantee which occurs when you ANNUITIZE IT.

The environment is chasing momo, valuations extremely high, backdrop of fundamentals extremely weak IMHO, volume weak, dividend yield near historic lows.....inflation lurking, delfation lurking.....HIGH UNEMPLOYMENT.....can companies RAMP UP earnings when most cost cutting is over?

During Holidays usually you get good employment report, FRI was "much worse than expected" and in this cycle, nobody cares or excuses it away with "the market is telling us the economy is heating up, OIL at $82 is telling us economy is heating up...." I dont agree.

Duratek GO RAVENS