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The Stock Market Is Not a Leading Indicator

Moses Kim, keep spreading the truth my friend. It really is all we can do and realize that the clueless pinheads that have proclaimed a bottom based on utter fantasy will be viciously wiped out along with anybody else who actually tries to buy and hold this market.

We are at the beginning of the two year maximum pain just like the first depression. This is when the smart people hold cash and the pinheads lose their shirts.

I think this bear market rally is still capable of rallying for a while however because we know that the Fed bought all those stock shares on the taxpayer dime which they lent to us (isn't that weird).

The actual 'money on the sidelines' that supposedly poured into the market was a total of $400 billion. That is a small fraction of the money that has been sqaundered directly by our government to buy stocks through the Fed and Treasury. When they are not too busy buying up each other's debts of course.

Percentage of Stocks Above 50-Day Moving Averages (12/10/08)

Since when is the S+P in a new bull market?

It dropped some 50% this year.

Ever heard of a dead cat bounce?

Or is that too sophisticated for you brainless bottom callers.

S&P Set for 50%+ Gains? Not So Fast, UBS

Any of the clowns in the media and on the internet that keep predicting these miracle recovers need to sink their teeth into this kind of data.

Clearly we are in far worse shape than we are being told.