Friday, August 28, 2009

Why I Don't Believe the Stock Market

The stock market has been absolutely giddy recently and with no good reason. I don't believe this stock rally. Within depressions, the stock market's hope exceeds reality frequently. I would not be surprised if this rally collapses below the April, 2009 lows.

On a personal note, the temperature has been way over 100 degrees F for several days now and is predicted to stay there over the weekend. These are times when a smart person curls up in his den and waits out the weather.

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