Business growth is CLEARLY slowing from current economic reports. Inflation acording to latest readings is still ACCELERATING. This is a horrible scenario. Oil is hitting fresh session highs right now,and will probablly set a new record in next few days, so inflation pressure will continue from oil.... Fighting is getting more and more intense in lebanon. Iraq is falling apart day by day. Iran is still saying **** the west we will develope nuclear technology. The rockets flying into israel is getting furrther and further probalbly helped by iran and syria rockets, which means they may enter the conflict as bigger players soon. A tropical storm is about to become the first hurricane of the season and will more than liekly target the gulf. Can ramble on and on about how bad everythign is, and yet the markets are STILL up today.. and have been rising pretty steadily for past 2 weeks.... what gives?? I remember another time very recently when the markets behaved like this.. that time was EARLY may...... market kept pushing higher and bad news kept mounting.. and finallyl boom.... we drop like a rock... Is the same thign going to happen..... I'm goign to start buying some Ym puts or something..... somethign has got to give!