Any rally, any short term recovery, has to be viewed as temporary. As explained in my Wednesday, July 1st journal post;

"Ride the Wave, then get the hell out"! Be a 2-3 year buy and hold guy, then get out and wait for the next disaster to happen. Oh, believe me, every few years Wall Street or Washington will make sure another disaster happens.

The current rally may be much shorter than 2-3 years I mentioned above. I believe the stimulus money will temporarily stabilize the economy, but clearly there are bigger issues facing consumers, commercial real estate, and states that are deeply in debt, and short of tax revenues.

The light at the end of the tunnel may be nothing more than a pin prick that is nothing more than a mirage.

I have to agree with Warren Buffett after being interviewed on CNBC last week. When he was asked if he was "seeing any green shoots, Buffett replied, "I looked. I wasn't seeing anything. I had a cataract operation on my left eye about a month ago and I thought maybe now I'll be able to see green shoots. We're not seeing them."

In other words, the green shoot comments are nothing more than a distraction, and giant hoax.

Clearly, people in America are manipulated for the benefit of the elite. We saw it with past and present wars, and today we are seeing it with the constant praising of Michael Jackson.

Jackson was extremely talented, but when his facial surgery made him look like the joker on batman, I knew this guy had some serious mental issues.

After finally getting a gut full of the media's constant coverage and praise, Peter T. King, a U.S. Congressman from New York’s Long Island, had had enough. King said;

“This low-life, Michael Jackson — his name, his face, his picture — is all over the newspaper, television, radio… Let’s knock out the psychobabble. He was a pervert, a child molester, he was a pedophile. And to be giving this much coverage to him, day in and day out, what does it say about us as a country?”

Here's the article- U.S. Congressman blast media on Michael Jackson praise.

I wish they would blast Wall Street in the same fashion.

Here are our Top 10 ETF's for the week of July 8th:

1) DBA: Powershares DB Agriculture Fund
2) EWZ: Brazil Index
3) DBE: PowerShares DB Energy
4) USO: U.S. Oil Fund
5) IYF: iShares Dow Jones US Financial Sector
6) DDM: Ultra Dow 30 Proshares ETF
7) PGJ: PS Golden Dragon China Fund
8) IYW: iShares DJ US Technology Sector Index Fund
9) CASH
10) CASH

Here are our Top 10 Fidelity Sector Funds for July 2009

1) FSPTX: Technology Portfolio
2) FSRBX: Banking
3) FSCGX: Industrial Equipment
4) FCYIX: Industrials
5) FSCPX: Consumer Discretionary
6) FSCSX: Computers & Software
7) FSCHX: Chemicals
8) FNARX: Natural Resources
9) FSENX: Energy
10) CASH