Still Just A Correction

Big selloff in the markets recently.
And where is the support?
A lot lower still.

Looks like support in the DOW around 11,000
and support in the S&P around 1200

so, another 6% down to go.

But that is still only a correction.


To get a bear the DOW would need to go below 10,300.

My indicators tell me the economy is humming along very well. I see plenty of traffic,
high but moderating fuel costs. Busy restaurants. Sold out movies
Rents are coming in well. Vacancies are low. I see homes being renovated and construction projects. Plenty of economic activity!
Slow growth is the best.
We already have more than we need

Don't blame and castigate the responsible.
If people behave responsibly, they really do have great odds of success.
There are only a very few who have fallen due to bad luck alone.
Consider habits of thrift, diligence, honesty, optimism, persistence,
all the good stuff
people who really live that way are almost always well off.

And what are the irresponsible behaviors that lead to suffering?
I will not list them.
We know what they are
Better to not even go there.

perhaps attitudes, the seven deadly sins

and there are remedies for the seven sins
study this