While we await the open, here are several public statements that for the life of me, I simply cannot string together. 1 ... a chinese sourced spade at Home Depot is $12.99 and a US assembled (local & imported parts) is $25.97. Outcome = buy chinese 2 ... the fed prints money that is used to pay for chinese imports, so in effect we (US) are exporting a chunk of our inflation. this is healthy. Outcome = never believe all that is told to you. 3 ... the chinese yuan is undervalued, maybe as much as 40% and this is hurting the US manufacturers. Outcome = revalue the yuan by up to 40% so that the spade now retails for $17.99 while the US assembled spade will also increase if components are of chinese origin. 2nd outcome = buy chinese. 4 ... the trade deficit with china does not effect the US economy. Outcome = thank goodness for that because the cost of chinese sourced goods has just risen 40% while still maintaining a significant edge against US goods. Outcome = buy chinese. 5 ... the housing market has bottomed yet new home builders are dumping at the highest rate in 40 years. Outcome= things must be worse than I have been lead to believe. 6 ... Iran will be bombed back to the stone age. Outcome= 5+ dollar gas. And I save the best until last ...... 7 ... the economy is planned to pick up in the 3rd quarter. Outcome = ? Please help me string these words of wisdom together ET.