SOME THINGS TO PONDER

1. 2 yr per cent change in oil similar to those in 2000 and 2006, similar to those that heped bring about Recession.
2. Speculators are near historic long positions oil. Spike not from demand, acting like tax on consumers.
3. Near Record high in Vacant housing units
4. Deflating home prices continues
5. For 2.5 years into recovery 9.4% unemployment unprecedented
6. U 6 rate near 17%
7. # unemployed for 27 weeks plus a record and as % of total unemployed
8. State and local govt's forced to raise taxes and make cuts
9. Debt equal to GDP $14 Trillion and rising
10. Debt to GDP ratio near 400%
11. Soverign risk and State govt's risk of deafult
12. We have NO inflation.....if you take OUT FOOD AND ENERGY!! why bother reporting it then?
13. Inflation on the RISE in Asia
14. Chinese stocks below 2009 and 2010 highs
15. CRB commodity index at new highs.
16. Business not able to pass along higher prices (may hurt profits and hiring)
17. FED pinning funds rate at 0% for over 2 years (AKA JAPAN) economy cannot absorb even a .25% increase?
18. FED has stated they have targeted stock prices. STocks artificially being pushed higher
19. Savers getting NOTHING for their cash. Retirees being punished for not wanting risk, FED is forcing RISK for returns.
20. There is NO free market
21. Bank acounting fiction overstates profits
22. Bullish polls at or above 2007 highs, near unanamous professional opinion higher stock prices in 2011.
23. Cash levels in mutual funds at record lows, an "all in"mentality"
24. US $ is quietly within spitting distance of its 200 day avg....not good for exports.
25. 94% of SPX move in 2010 came on just 12 trading days? FIRST monday of every month!
26. Market was nose diving last summer until FED announced QE2.....market cannot rally on its own....not healthy condition.

I may not be as popular as when market was getting killed in 2008, I am off my peak but still get substantial readers coming to my blog. But invest as you see fit, to your tollerance of risk, everyone is different. Just keep in mind how we got here, and there is still a good chance when the rally is done you will remember 2007 and 2000 again, as it appears that is all but forgotten.

The market does work both ways, and I dont remember a time it made sense at very least committing NEW FUNDS to a market near or above bullish extremes....party VERY CROWDED and overextended....MOMO is FUN until it ends...buying stocks just because you think they go higher is a fools game IMHO

D