No actually BiLowSell is telling the truth and Washington and the Fed and the Treasury are lying so intensely and so blantley it is unbelievable..
I mean flat out lying...
The stock market is going up since people are hedging the dollars decline by buying stocks since the Feds QEasing actions are creating a stock bubble so forget the stock market as an indicator...
Its not a matter of if we go down only when...
Read ALL of the article blogs from this website for the last 3 months and then TRY to argue that the future looks rosy and we are out of the woods...
http://market-ticker.denninger.net/
He is one of the few economic writers who also has a successful business background and who explains - very dead bang clearly - why we are headed for the soup - since the FED, the Gov and our leaders are shoving us that way at high speed...
If you can argue his articles as incorrect on that blog site then i will agree that BiLoSellHi has been overhype neg... but actually i think he has been dead on...
http://www.moneyandmarkets.com/passionate-plea-from-asia-35424
not by a long shot...
