The ultimate result of shielding men from the effects of folly is to fill the world with fools.
--Herbert Spencer

Chartz And Table Zup @ www.joefacer.com

Freddie King was a favorite of EC's. Not hard to figure out why. The first link can be found on CD too...
http://www.youtube.com/watch?v=7nNYD2LY ... re=related
http://www.youtube.com/watch?v=GGLmZCZ1 ... re=related

REEALY IMPORTANT Links....

http://www.ritholtz.com/blog/2010/07/th ... really-is/
http://www.businessweek.com/magazine/co ... 358596.htm
http://noir.bloomberg.com/apps/news?pid ... .24zLg0I2E
http://www.msnbc.msn.com/id/38072919/ns ... ork_times/
http://www.ritholtz.com/blog/2010/07/sw ... evolution/
http://www.ritholtz.com/blog/2010/07/sh ... c-outlook/
http://www.ritholtz.com/blog/2010/07/st ... reduction/
http://www.nytimes.com/2010/07/04/weeki ... wanted=all
http://www.economist.com/node/16485318? ... extfeature
http://www.businesscycle.com/news/press/1887/
http://www.nytimes.com/2010/07/04/busin ... wanted=all
http://www.ritholtz.com/blog/2010/07/oi ... 93-part-9/


Fun With Chartz....

A year's worth of returns in the bond funds of my 401a. Not half shabby.



Under certain conditions, bond returns can smoke stocks.



But it's never really a no brainer. The corporate bond fund's out performance is rooted in the fact that in late 2008, investors tossed corporate bonds overboard because they feared that corporate America was going belly up. The catchup looked great. Especially if you didn't know that they started the climb inna hole.

http://noir.bloomberg.com/apps/news?pid ... 18JewR.Dag
http://noir.bloomberg.com/apps/news?pid ... &pos=7
http://noir.bloomberg.com/apps/news?pid ... &pos=2
http://www.msnbc.msn.com/id/38034014/ns ... d_economy/
http://www.ritholtz.com/blog/2010/07/economic-data-32/
http://noir.bloomberg.com/apps/news?pid ... amp;pos=10
http://noir.bloomberg.com/apps/news?pid ... &pos=4
http://www.ritholtz.com/blog/2010/07/nf ... -jobs-83k/
http://www.ritholtz.com/blog/2010/07/eu ... erform-us/

http://www.msnbc.msn.com/id/38072919/ns ... ork_times/
http://www.newsweek.com/2010/07/05/tough-case.html
http://www.ritholtz.com/blog/2010/07/fcic-hearings-2/

http://www.msnbc.msn.com/id/38090407/ns ... nd_energy/
http://www.msnbc.msn.com/id/38090407/ns ... nd_energy/
http://www.ritholtz.com/blog/2010/07/st ... reduction/

http://www.msnbc.msn.com/id/38087780
http://noir.bloomberg.com/apps/news?pid ... amp;pos=15
http://www.latimes.com/news/local/la-me ... paign=Feed:+latimes/mostviewed+%28L.A.+Times+-+Most+Viewed+Stories%29

Pretty really Serious links....

http://www.telegraph.co.uk/finance/comm ... -1932.html

Last week, forty Republican Senators and one Democrat blocked action on extended unemployment benefits. This week, three GOP Senators were absent for the roll call but the end result was the same -- no relief for the long-term unemployed. By the time those 41 lawmakers return from their Fourth of July recess, 2 million Americans will have spent their final unemployment check. Republicans, however, will not shed crocodile tears over the pain inflicted on the jobless. Instead they will cheer every vote cast that diminishes, delays or denies help to the 31 million Americans idled by this Grave Recession. During the Bush administration, those same Republicans supported policies that are the proximate causes of our economic turmoil -- deficit financing of tax cuts for the wealthy, deregulation of the financial market place and the de-industrialization of America in the name of free trade. But rather than accept responsibility for their own disastrous policies, the GOP started a vendetta against the jobless. Republican attacks on America's jobless are neither random acts of meanness nor the ravings of a lunatic fringe. They are hostile acts in a partisan strategy. By attacking the powerless, Republican lawmakers hoped to align their party with the powerful, capture control of the next Congress and, ultimately, win back the White House.
Occasionally, Republican law makers telegraph their deep disdain for the unemployed. Senator Jim Bunning (R-KY) did so with his one-man filibuster against extended unemployment. Senator John Kyl (R-TX) suggested unemployment acted as "a disincentive for them to seek new work." Senator Orrin Hatch (R-UT) felt the jobless should be drug tested in order to qualify for unemployment insurance. And Congressman Dean Heller (R-NV) used the word "hobos" to demean those on unemployment.

http://www.huffingtonpost.com/rick-sloa ... 33217.html

Everything looks awful. And the recent drop and unemployment numbers are fear inspiring. But we've had 9 outta the last ten days down and everybody is leaning the same direction. Look for an oversold bounce/ counter trend move sooner rather than later. It'll sting if you are in cash or bonds. But ask, "Has anything changed? Or is this part of the markets not being simple or easy?" A trend is a trend until it isn't, and I'll have to have a reason before I allocate back into equities. Cash and bonds fer now....

Wednesday.....


That stung..... Smokin' hot upward day....


But on low volume and ya gotta look at it in perspective....


Stay tooned....