Perhaps Mr. Market has finally come to his senses and realized the recovery isn't happening. I tried to tell him last year that he was overvalued at Dow 10,000 but you know he never listens to me. Maybe now he's finally listening . . .
. . . to the creaking sound of European economies straining under huge sovereign debt loads . . .
. . . to the winter storms raging outside his window that are driving up the cost of energy . . .
. . . to the sobs of unemployed workers as small businesses continue to fire them.
At any rate, no matter who or what has his ear, Mr. Market is nudging back in the direction of the bears. I couldn't be happier, because I've got some cash to spend on bargain-priced stocks.
