[quote=DataAgent]Me too. I’m about 50% cash right now. Just hedging my bets. I think the big gains have already been made for 2009.[/quote]

The stock market breadth indicator actually predicts a bull market ahead. I actually think the market will be strong for at least three months when companies stock for Christmas buying season. After relentless cut of inventory across board in recent months, that additional inventory alone would push the GDP higher. And market will normally react to short-term news rather than long term picture of the US economy. Otherwise, who would still be buying long term treasury at 4% right now?