WEEKEND CHART TO PONDER

What confidence? does this look like '03 recovery of consumer?

Does this look like '03 earnings recovery????

**Click all charts to enlarge

Some suggest the FED will use any and all methods to prop up "assets". WOULD THEY (have they?) outright buy stocks? buy homes?

We need JOB creation and we need it to come from private sector, not public sector. 2 bear markets have been defeated by GOV and FED policy, but 2007 bear far worse than 2000 bear because of actions taken......actions taken to kill current bear even more historic in nature....I suspect end result to follow prior 2 and next downleg to be more severe as meddling has been too.....and to date real world results are suspect.

Gold near its all time high, bond yields near all time lows, US $ at risk to MASSIVE deficits....now approaching 10% of GDP ($14 trillion)

Take time to study above chart, and al its cross currents....outcome not set in stone.

27 90% volume days since last APRIL!!! 3 in the last 5 trading days (2 up one down) this is more than remarkable folks, unheard of! Unnatural

GDP? Q4 2009 5.0%

Q1 2010 3.7%

Q2 2010 1.6% anyone see a pattern? And current rally built on RELIEF Q2 BEAT expectations of 1.4%?????

Net EXPORTS have been falling.

Have I made my point? This is ON RECORD as WEAKEST recovery from a Recession and I wonder have we (recovered) at all?

The market can go up for any reason, no reason.....but what we experience on the ground is real.

Duratek