I agree Gordan and Wolfgang....
CEO expectations in this country are super low.... The majority believe we are heading into a Recession. So, who is more on the front lines? Clowns on the NYSE floor, Idiot news casters, Gov clowns or CEOs? Confidence among the US CEO's is very low.
Let's not bring up the SWISS FRANC and the soon to be currency war between the Franc and the Dollar.
All the idiots are yelling for QE3, from CNBC to Bloomberg.
Yet CEO's are telling the Fed and Gov to get out of the way.
Bottom line, until the Socialist Mentality is defeated in this country..including Corporate Socialism's idea of "TO BIG TO FAIL" is defeated....the US ECONOMY will only continue to get worse.
With that said....shorting is very risky but the reward is huge. With many of the Global Markets looking to pass a no-shorting rule...we could see outflow of money from the US to those "Non-shorting" markets...which would be a gift to the shorts in the US.
Wolfgang....good name...I have a friend who is famous in the Techno world and goes by Wolfgang Gardner ...you should look him up.