WORLD MARKETS SPIRAL TOWARDS BEAR

**3 PM update Volume is roughly HALF of what it has been on the down days.....don't be fooled.....IMHO this is ALL BS 2nd largest economy seems headed for ANOTHER BEAR MKT! I remember reading report after report at THE HIGHS that things were different in Japan, and YOU HAD to be invested there.....I had thought otherwise.

Japan has never cleaned up their banking system, the orig ZOMBIE Banks, weak , wounded after historic real estate bubble burst in early 90's, GOV has responded with infinite number of stimulus moves, and the market 20 years later is only 25% of what it was....that's DEFLATION.

We are following on the SAME PATH HERE. Inept government made worse with the Obama adm, change only brought MORE INSIDERS into government roles. LOOK at how adm has responded to oil spill crisis......look at how instead of bringing troops home we have expanded the war......taxes are rising, health care costs are still rising.....bank loans still contracting......jobs hard to come by....

Office furniture industry just DOWNGRADED their forecast, economic expansion and sustainable recovery about as much a hoax as the phoney bank profits without mark to market accounting.

Primary uptrend? It may be, but I refuse to call it that, a bear market rally...seems to ft better.

90% down volume days usually tend to try to rally for a few days....the intensity of selling shows me prices are not yet LOW enough to draw in sustained demand....why the hell would ANYONE want to guess a bottom here? GOLD remains in strong uptrend.

D