Sburns, as is usual, you offer keen insight as to the problem we all face as our own government has ceased to become our ally and must now be suspect and held in contempt. Here is an analysis from the same guy that got me out of S&P stocks on October 14, 2007. The DJIA was 14,200 at the time. PLEASE Read the text and then view the interview. NOW IS THE TIME TO ACT. JMHO

http://finance.yahoo.com/tech-ticker/art...

Bob Prechter:
Bear Market Rally Is Over,
Stocks Headed For New Lows
Posted Nov 05, 2009 01:50pm EST
by Peter Gorenstein in Investing, Recession

With the Dow Jones Industrial Average once again marching closer to 10,000, many investors, especially those who missed the rally since March, must be asking themselves: Is now the time to finally pull the trigger?

Robert Prechter, founder of Elliott Wave International, implores retail investors stay away… for now. Prechter, who was bullish near the lows in March, now says the stock market "is in a topping area."

Why?

Several factors:

Slowdown in upside momentum. Recent intraday rallies are petering out before the close.
Bullish Sentiment. Investors who were bearish near the lows, are now just as bullish after a 60% run in the S&P 500. To Prechter, "that's a dangerous place to be."

General overvaluation of stocks.
Prechter, the author of Conquer the Crash, says this (present market) is akin to the market in 1966-74 or 1929-32, where massive bear rallies gave way to another "big leg down."

He's predicting another crash in 2010 that will bring stocks below this year's lows. His word to the wise, "be patient, don't rush it" keep your money in cash and cash equivalents for now and wait out this bear market.

He thinks it'll be another 5 or so years before we turn the corner but the good news is when we do, it'll be the buying opportunity of a lifetime.