Thursday, January 28, 2010

FACTOID

2009 Durable Goods order fell by a RECORD 20% ! same time we witnessed record V shaped markets.....

Unemployment claims continue to stay elevated at 470,000. Friends, we have 7 million PLUS out of the labor pool, not bringing home paychecks, I'm guessing NOT contributing to 401K plans.

I have shown that bank demand for new loans has cratered.....so what is proposed is that we end up as a Gov controlled economy, energy, health care, auto's, finance...whatever.....it is that GOV decreees is the hot spot, that is where they will BUY growth....not any semblence to a free mkt capital system I recognize....IMHO stock values based on reality are EXTREMELY overvalued

D

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