Market Commentary--In General

I'm listening to Gary K to hear his comments. Remember, he is an honest market commentator in that he is going to say....I don't know if this is "it"--with "it" being the "big, bad bear market"...but he did call correctly the May 2006 top and the turnaround (on August 15, my birthday!). George Dagnino, also called the August turnaround as well as the previous top. George was also clear that the Fed would not cut as real interest rates were too low. George, too, was stating that he thought that we were moving into a top, but that tops were a process that happened over periods of times (weeks v. days).

I conjured up the book cover of Seven Blind Mice. I've mentioned this before--every market commentator is going to have his/her own view of the market. Like the seven adorable blind mice of this book (please buy this book for a special pre-schooler in your life, you will love it visually as well as the story and s/he will as well) each are moving around over the market (the elephant of the story) and coming back with a different report leaving most of us dazed and confused.