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| DJM...
I think you make a good point, but I would request(at the same time) you see "it" for what it is as I believe it will benefit you in the long run.
None of us knows the answer, but here is a guess...
The second guessing you speak of(regarding the gov), is first hand evidence of a shifting psycology among the consumer--a move from "trust" to "doubt." This same shift in the Great Depression caused many bank runs, political turnover AND DEFLATION!!
By-in-large the populus of this country are similar to most of us MidWesterners, rather conservative, know what is right and what is wrong and can spot a snake when they see one...
As that populus "doubts" where they used to "trust" many other drastic changes will also show up.
All Market Participants:
High school football coach used to always say..."Don't let your first mistake cause your second mistake." Paraphrazed--don't be so stubborn/prideful defending your first mistake that you take your eye off the ball and make another mistake.
A broker I just visited w/ the other day said..."First mistake is the best mistake." My guess is any seasoned trader would tell you, when your wrong your wrong accept it, fix it and move on. | |
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One More Time
