Austin, I don't doubt the headlines are bad. But I have my doubts bearish headlines make a good predictor (=positively correlated) for future intermediate term (12 months) stock market performance: http://news.google.com/archivesearc...1990&as_hdate=1990&lnav=d4b&hdrange=1991,2008 1989 Inflation Up to 8-Year High of 4.6% Prices - Los Angeles Times - Jan 18, 1990 Jolt in Oil Prices Sparks Rise in Producer Prices - Los Angeles Times - Nov 11, 1990 Recession May Force Taxpayer Bank Bailout - Los Angeles Times - Sep 12, 1990