An Alarm Is Blaring: Time to Buy - New York Times

This strikes me as an articulation of the "buy low, sell high" mantra... and right now things seem to be low.

An Alarm Is Blaring: Time to Buy - New York Times

OK fine! Financials do matter...

So here I made the argument that the farther you go from the financial sector, the less of an impact you're feeling from the current recess...ummm... downturn.

Well, despite my efforts to pigeonhole the financial sector, it seems it is really important! At least, according to the newly reformulated DJI. Big oil has been added as well, so I guess that industry is also pretty important.

This news, coupled with manufacturing taking a bit of a back seat on the DJI (Honeywell got booted off) illustrates the direction the US economy is going. Making stuff is out, powering stuff and financing stuff is in.

Time to re-enter the market?

Two views from Big Picture.... maybe yes.... or... maybe maybe...