Quote from waggie945:
Everything that you state as your supporting evidence for a "dramatic" downturn in the U.S. equity markets, from inflation worries, to high fuel prices, to terrorism, is pretty obvious. Ever hear about a Bull Market "Climbing a Wall of Worry" . . .
But then again, I guess you have never heard of two very important trading expressions:
1.) The Trend is Your Friend
2.) What is Obvious, is Obviously Wrong
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Yea it is obvious. My analysis is pretty simple nothing ground breaking. I just think the negatives outweight the positives.. and I dont think this bull will climb a wall of worry... because the fundementals behind the economy are a smoke screen.