Too Negative??

Some readers believe that I have been too negative on the prospects for the stock market.  However, if you look back on my comments of the past several weeks you will see that I have been correct in my assessment of the economy and by default the stock market.  Moreover, I will continue to sing my song of discontent because I believe economic conditions will continue to deteriorate in the months ahead and that while there may be some trading opportunities in stocks the overall trend will be downward.  Wish I could sing a different song but the empirical evidence is so negative only a cockeyed optimist could believe that the market is headed higher. 

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