Is the worst here yet?

Last month a local guru or rather trader expert mentioned that when the news get worst, be prepared for the better. This is because, the market is going to goes up. Since stock market always lead economy by at least 6 months.

Now this week, I saw a news articles that may suggestion that he is right. I am not doubting the guru but hey at this point of time, double confirmation is better. Below is an article for reading.

Also from this trader guru, I was introduced to sector trading and again I found an article about sectors movement in the 1st week of Dec 08 in USA.

And you have it, TELECOM making the head charge beating other defensive stocks sectors. Morningstar had a report on this as well. Here's the link to that report. http://news.morningstar.com/articlenet/article.aspx?id=266977

So, it is time to start getting serious and study the market for the route to recovery. USA FED has too much learning from the GREAT CRASH, TECH CRASH & FINANCIAL CRASH. They will do whatever it takes to stable the market. Pain but they will have to do it. I will guess more bail out plan is coming and latest I read from USA today, even school is asking for bail out money.

Is the worst here yet ? It maybe the starting of the worst. Santa Claus is coming to town alright, with a shopping cart instead of his usual snow sledge.