For days I have been hitting home a simple thesis: recession is not here, we are not in recession. But the naysayers, pessimists, dimwits, bears and whole assortment of nitpicks came out swinging axes at me. Well today we received Fed's official word known as BEIGE BOOK report during market hours and according to INVESTORS BUSINESS DAILY at www.investors.com here is the truth: "BY SCOTT STODDARD INVESTOR'S BUSINESS DAILY Posted 1/16/2008 The economy expanded at a slower pace in the final weeks of 2007, the Federal Reserve said Wednesday, but continued growth was enough to ease fears of a recession. Now start reputing these facts.... Now start driving fear into the hearts of retail traders.. Now start panic selling in the markets... a PS: Even GOLDMAN SACHS ( those tight fisted institutional sharks/ perpetual traders) also chimed in that recession is here over the weekend prior to Monday's open. Come on guys we know you real well, you are not that smart.