Santa vs Grinch, and Grinch is winning

If you are surprised by the worsening condition on the wall street, you must have been in the dreamland lately. There are walls of worries on the market. The stagflation-- a word seldomely used since 70\'s-- has been frequently appeared in the news media. There are concerns of credit crunch, concerns about growth, and then inflation. In other word, things that are bad for the market are aligned at the same time, it is a perfect storm for the market.

When market goes up, there always are a group of stocks act as leader, right now, there appears none. When market stop going up, the other direction is down. plain and simpe.

But the market cannot go down to zero. The other time when people are buying is when the stock become bargain. just like when the store is on sale. but we are not there yet.

Right now, it is just too much uncertainty to risk the money. We may still see a few up days down the road, but, unless a dramatic action taken by FED or government, the general trend is down....

So, just be careful