The Economy is Sick…BUT Stocks are Not.

  • Posted by
  • on February 23rd, 2010

I was out with my pal Tom in downtown San Diego last night and oh boy the city is sick.  You could fire off a cannon in most of the restaurants and only hurt your ears.  In a city with great weather and beautiful people, that should not be.  It is massively overbuilt.  I truly have no idea how it can be fixed.  It will just take time.

The stock market does not care right now.  The beautiful thing about stocks is that they are forward looking.  Sometimes waaaaaay forward.

Stocks still feel underowned.  Forgetting about broken stocks for the moment as I do not fish in that pond, there is a thickness of trending stocks and stocks on the verge of greatness.

I don’t trust the financials or government at all, so leverage is out of the question, but you should be out there mixing it up right now.

If only I had more time and money.

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