The Sky is falling!!!

Or so it would seem from all the reports on the market. Lets see:

1. It is the jobs report – got pumped up by Prez, and several others that it would be great and it turned out… Not Great!…
2. Sovergien debt – ooooooh another European country that has debt smaller than our 32nd? state is having problems and might need help from the European central???? Are you Hungary yet?
3. That damn BP did it – the spill and devastating environmental damge on never seen or measured proprotions was not bad enough, and now they have to take the markets down!…
4. Fear – it is just plan Fear in the markets – “every one is looking for safe places to put their money”. My question, are there any safe places?
5. “it is just the news” the market is so tied up on every news item it swings with the direction of that news”
6. In another set of posts I have read that “We are in a Traders Market that will just be wildly swining until October”?
7. It’s China they are taking it all down with their economy slowing from double digits to high single digit growth….
8. It’s all the fault of Wall Street or the Banks or Computer Trading (too fast for real people)…
9. Who cut the Cheese? Smells really bad around here now? had to throw that in cause it can still be funny in the right crowd or situation… 😀
10. The stimulus money has run out just trying to cover and reduce all the losses and “de-flation” and in reality has not created any “real” jobs just short term pumps…
11. The emerging markets are drying up… Emerging to what?
12. If this ???? slows down – that ???? will slow down. Then what?

I like to read this guy – most times his post make a lot of since…:
“Thoughts from the Frontline”

I also read a lot of the posts on Motly Fool along with just about anything that pops up that may have some value? hard to determine what has value anymore…

I do like this weekly report as well:
X-Factor newsletter

I follow several on twitter and stocktwits but most of that is trader twits and I do not do much short term swapping but maybe I should?

I think I may agree with some portions of all the above… more specifically we are in for a Traders market for the summer… then the news will get decidely worse as we find out the Stimulus is completely over and we are destined for another recession period, maybe even more deflation – probably starting in October but maybe a bit sooner? – Growth will be 0 (ZERO) if not negative, for just about everything including job growth. The Government (ours and theirs) have no answers other than throw more rules and money at it… Man that has done a lot of good lately… I think by November we will all be ready to “Vote The Bums OUT”?
We could get a whole load of new leaders and NOT be any worse than we are now…
It is a foregone conclusion that real retirement for me will be as fleeting an idea as winning the lottery…
but oh well….