Reply #42: Morning Marketeers......

[AnneD]

:donut: and lurkers. The sleeping giant has wakened. This morning, on our little local morning news show-they did a news story on the high price of gas. Not this is a town that thrives on higher gas prices due to the number of refineries here. This story talked about the ripple effects that we would experience. It was rotated 4 times in the hour. It was different than the usual morning fare because it was actually sobering. Now I figure, if it is on the air it is way past being 'new' news. Seldom are these folks ahead of any story so this is in folks conscious already.

I also think most folks are awakening to the fact that these Fed Interest rate cuts don't help them at all-they only help those investors on WS. There was a time when the events that occurred on WS actually reflected MS. Now, Wall street is no more reflective of the Main Street economy than a fun house mirror is reflective of your features.

As this disconnect gap becomes wider, the Fed measures will have less and less of the desired effect. It is not investors that run Wall Street, it is the consumers. Until the consumer benefits-there will be no recovery. And this economy will not correct it's self until we are in sync again with Wall Street.

How can we make the best decisions it the data we have is flawed? Only when WS accurately reelects the events on Main St. will we have a chance to once again thrive. And despite the government, feds, and slick con men investors attempts to disguise this anemic economy, it is beginning to flail. The only folks that seem unaware are the investors and feds, and the government. As I said before-the sleeping giant has awakened.

Happy hunting and watch out for the bears.