I know DW…Working on contract for engineering now gives me more free time to do… nothing…
Actually I think we are in for some wierd cycles. I think the overall secular cycle will no doubt be down for re. However I think we will see some pretty wild waves like you said within that secular envelope.
The only problem is that it is going to be on a timescale that is longer then I want it to be…. That second wave you are talking about may be a 2010/2011 second wave pushing out a true bottom for another year or two… Hell man I don’t know anymore.
The government/fed/treasury remind me of a guy at a poker table who is going full tilt. They lost thier nut and they are drawing bad beads and just going in on every hand and playing lousy.
