EUREKONOMICS.com

A three day [or three week] rally does not a bull market make.   At this time in the cycle of failure that embraces the US and world economies, it would be just short of completely insane to believe that the American economy is out of trouble.

Here is a sobering excerpt from John Maulden's weekly newsletter:

"So, I know a lot of you have stayed in the market the whole time it has been falling and are now wondering what to do. If you have a ten-year time horizon you probably can buy here and do OK. But I wouldn't. [emphasis added] I think this market is going to have more problems...The economy is simply weak, and that weakness is hitting more and more companies. From exporting companies to the big international firms, a global slowdown is hitting almost everyone. Even hospitals are being challenged. We could see a real bear market rally lure investors back in, just to crush their hopes this summer.

"Markets go from high valuations to low valuations and back again over long periods of time. I believe that we have a long time to go in the current secular bear cycle. As I have written for years, this one began in 2000 and could last until the middle of the next decade."

Read the entire newsletter here: http://www.investorsinsight.com/blogs/thoughts_from_the_frontline/archive/2009/03/14/the-swiss-start-their-engines.aspx

Those who know only what they have learned from the greed of Dull Street [formerly Wall Street] over the past thirty years are going to continue chanting their mantra as if the chanting alone will solve the problems.

It's all they know.

Do not be lured back into a flawed paradigm by their Siren Song.  There's a tried and tested model of economic behavior that the failure of the current paradigm has made new again.  You can learn more about this model on this web site.