Market running the 10k. Don’t forget, it’s a marathon.

I have so much to say, so little time.  I haven’t had a chance to even get on the internet these past few two days.  Crazy crazy times.   Most of my time has been occupied by a lot of important meetings.  Meetings that help me to forecast our longterm economic future.  With my ties to the economy in my local area, I’m thinking (at least for Hawaii) we will be served up a second wave of economic turbulence.  We have to look beyond the data.  I mean, it looks good to see “recovery”, but looking closer, it looks more like we are being kept afloat by the savings of the responsble class.  It will be interesting to see how this plays out.  Never get sidetrack by temporary euphoria.  We rise on hope, fall on reality.   Dow wants to run the 10k?  Don’t forget, this is a marathon… with hurdles, a hot sun, and wild bears.  Make enough noise, you might wake one up.

Meanwhile, I have to take a break this weekend.  It’s been so hectic.  Then I get back on the track and hustle for October 15, which is deadlines for tax extensions.  Again, with my background, last year has sent a record number of people filing for extensions because they got so screwed up financially.  These businesses that are struggling will not turn things around in one year and give us record profits like nothing happened.  It’s a process, there’s a timing to this market, and people fail to see the big picture, that things happen in events… we can’t say we have “fully recovered” until we get more pieces to the puzzle.  So yeah, once again I’m getting frustrated working with so many messed up businesses, and it’s bringing me back to reality.  But I must say, I admire their heart, and their survivor mentality (did I just see Dominoes selling sub-sandwhiches, Pizza Hut selling Asian Chicken, and StockTwits selling wristbands?!  Nah, wristbands rock!).