Sunday, May 24. I believe that this is the best perspective as to what the real situation is right now:
I do believe that if you ignore this understanding of the economy and markets, that severe pain may come to you. I am of this particular opinion myself.
I arrived at it much the same way, when I charted the many different indexes, and saw that nearly all were in a very bad place.
Harold
Elite Wall Street Investor 
Appreciate the perspective. I don’t see how the market can prosper under somewhat dire cicumstances.
Well, of course, that was his point, but that there’s been so much liquidity made available, a bunch has sloshed into the market; and that economic fundamentals are not supportive of such stock price action. Harold
Best summary I’ve seen, just read Sean
Williams from Motely Fool, on the same page… still have a question, days that stocks down and metals at same time down, usually you would see metals up, interesting ..
Things are only more tense now… The 500 finally made its 200-day, and gold is sitting on its support line. Tension is mounting, and a major move is likely to go one way or the other. that’s how I see it anyway… Harold