[blam]

Now It Gets Interesting: Rift Grows Between BP And White House Over Cleanup Costs

[Past Your Eyes]

My financial guy at Edward Jones is very pessimistic. About nearly everything.

[rbg81]

I think Obama seizing BP or forcing them to divest all their assets to insure the “welfare” of the Gulf region would do it.

[padre35]

Hmm, the market certainly appears to be wobbling which is normally a strong sign of a correction.

And in 2010, that means a flight into cash for security.

[jiggyboy]

""Everything is universally moving in the right direction... "

[pepsi_junkie]

Long ago I learned that contrarians would guage when everyone was saying one thing, and then do the opposite. The theory being that by the time "everyone" has accepted a certain conventional wisdom, it's played out and will reverse. At the time I thought "sure but you never see everyone saying the market will go up or down so what good is it?"

I'm pessimistic about this market, don't get me wrong. But a true contrarian who puts his money where his mouth is would be buying like crazy because for once everyone (and I mean everyone!) is saying this market is going to tank.