"Economy has fallen over a cliff".."Economy in shambles" All sign of a BOTTOM ???

Warren Buffett is coming up every week with the best lines for economy.....

Last week "economy was in shambles"

Today "economy has fallen over a cliff"

SO......

IF one CAN believe the oracle of Omaha.....Economy has nowhere to go but UP.....because you cannot be worse than Shambles or falling over a cliff.....

Warren Buffett like every OPTIMIST IS feeling the pinch from this recession......

With all the exposure & PANIC call on CNBC this AM......Warren Buffett was NOT able to SPREAD the GLOOM anymore?????Answer...you cannot beat a dead horse anymore????

So what did Nasdaq do so far...did NOT make new lows...actually stayed well ABOVE old lows..???

Did S&P 500 went to new lows...NO ????

Did Dow go to new lows...NO????

So the question is ?????

WHY are we NOT tanking??? when every technical newsletter I got over the weekend from stockcharts.com & 2 others said we are going to 4000 to 4500 in DOW......?????

When technicians are so SURE...CONTRARY position is very profitable.....

@ 12.28 following are GREEN in my watch list:

GNK,NVDA,AGU,EGLE,CMED,IPI,POT,
CTRN,ICE,JRCC,NDAQ,MA,NYX,VLO,
FSLR,ISRG,FWLT,MON,SGP.

BLOG does NOT give buy or sell.

Saleem