STOCKBROKER ADVICE-HEED IT OR TRY GOING IT ALONE, THERE ARE LOTS OF " ADVISERS", OFTEN CONTRADICTING EACH OTHER-WHAT DO YOU DO NOW?

President Bush was described as confused, but not as confused as I am.
It was a strange day. When I asked my stockbroker what he was buying today, he said " CANNED GOODS, CANDLES AND AMMUNITION!"

Well with the market at this level, where will it go from here? Is there a market sector that will do well, that will out-perform the market?

There is little indication from the economic theories which state that:
1. The economy will recover and everything will be just great by the end of the year, or 2. The economy will collapse by the end of the year, or 3. The unsustainable deficit financing will collapse the dollar, or 3. The deficit is just fine and will not affect anything.

So, based on these totally contradictory theories each put out by people with lots of capital letters and periods after their name, we have no idea of what to do, do we?

Will the health sector do well due to the new government programs or will it do poorly as the government squeezes it for cost reductions?

Will the auto sector do well now that the government has committed some $100 billion to two auto companies, who have not earned that total during their combined 150 year in business?

Will industrial giants like GE or UNITED TECHNOLOGIES do well ?

Are all the ethanol plant owners now a good "buy" since they have bought out the bankrupt ones, on the cheap?

Do we buy coal companies or sell them?

Do we buy hotel chains or will the slower travel hurt them?

What about oil companies, buy or sell?

Housing, should we buy home builders or sell?

Gold, is it a buy or sell? Keep in mind that it was nearly this same price over 20 years ago.

Do we buy any of the commodities, the raw materials like copper?

Or do we just stay home, do not blow out any CO2, oops, got to breathe out though, and help the world with its "pollution" problems.

It is just so confusing. If we buy more products and spark the economy, we have to cause more CO2, but then again the administration tells us to not do that. It tells us on the other hand to go out and do it, do the spending, charge up our credit cards, then telling us NOT to change up our credit cards and live withing our means.

As usual, getting some help from the government gets you nowhere, it is just as confused as we are.

If this is not confusing, try reading the new CAP and TRADE bill.