Marc: Dear Slightly Miffed:
Actually, I'd stayed out of the discussion due in a great part to a lack of time. I just chose your response as a platform for comment.
Don't be miffed. There is no "right" answer and clearly none of our views are going to influence the outcome one iota.
It is just such a waste!!!
As to the Market, it entertains me to a much greater extent. When I see the money flowing out of the Big Cap stocks and averages being held up by the industrial cyclicals, Big Red Flags go up! When I see all four legs of the financial stool selling off -- retail, financials, drugs and technology -- Big Red Flags go up! All you have to do is look at the charts of WMT, GE, MRK, C, and INTC and you understand that the market is presenting a mirage. JMHO, as always.
A soon to be Rocket Man |
