NoFate

'Slow Growth' Or Recession?

Fed rate cuts take at least a year to have an effect ...and housing is still going to be on the injured list.

Why do you think Bernanke went to Congress with hat in hand asking for a stimulus package?? He knows there is nothing left he can do in the short term.

And CONFIDENCE in the market?? That walked away 3 weeks ago with the lousy Xmas sales and the 5% UE rate.

Whether you sell now or sell into a rally ...I honestly don't know what's best at this point. This market is seriously wounded and is not getting back up for a long time. Plan accordingly.