Think again! - Mortgage rates rising, at 5.85% for a 30 year fixed - Nonborrowed bank reserves now at -111,855,000,000 as of May 21st!!! http://www.federalreserve.gov/releases/H3/hist/h3hist4.txt - BANKS ARE BROKE!! THEY ARE ILLIQUID, ONLY THING SAVING THEM IS THE FED. - Home sales still on the decline - Record supply of single family homes - Banks still not lending to consumers - Oil near all time highs - Banks trading at all time lows - Real rate of inflation near double digits (? probably) - Gasoline above $4.00 a gallon for regular unleaded - Diesel fuel up to $5.00 a gallon - Consumer confidence at 12 year low - Take out commodities backed companies and earnings are down 20%+ - Unemployment projected on the increase - Dollar still near all time lows (Yippee we have gained .03 on the Euro.... lets have a party all our problems are fixed) Oh yeah, this is already priced into the market. HAHAHAHAHAHAAHAHAHAHA We are trading only ~5% off for the year! What else do you have to read to see this is not a healthy environment?