Netbook sales are up 264%. So why are all the PC guys sulking? I am about to buy my daughter a computer for her birthday. But that’s not necessarily great news for anyone involved – her, her mother,...div class="feedflare" a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=HZBm1OAvXCQ:ElQITzOLfz8:yIl2AUoC8zA"img src="http://feeds.feedburner.com/~ff/taipan?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=HZBm1OAvXCQ:ElQITzOLfz8:V_sGLiPBpWU"img src="http://feeds.feedburner.com/~ff/taipan?i=HZBm1OAvXCQ:ElQITzOLfz8:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=HZBm1OAvXCQ:ElQITzOLfz8:F7zBnMyn0Lo"img src="http://feeds.feedburner.com/~ff/taipan?i=HZBm1OAvXCQ:ElQITzOLfz8:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=HZBm1OAvXCQ:ElQITzOLfz8:wd9GD17jvC4"img src="http://feeds.feedburner.com/~ff/taipan?d=wd9GD17jvC4" border="0"/img/a a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=HZBm1OAvXCQ:ElQITzOLfz8:l6gmwiTKsz0"img src="http://feeds.feedburner.com/~ff/taipan?d=l6gmwiTKsz0" border="0"/img/a /divimg src="http://feeds.feedburner.com/~r/taipan/~4/HZBm1OAvXCQ" height="1" width="1"/

by guest author: Adam Lass http://taipanpublishinggroup.com

Impressed by yesterday’s breakout? No, not really! In fact, I think you should short the pants off it.

I may as well start the column with the question everyone is asking me.

“If everything is as bad as you guys say, if the shoots are all shriveling, if banks are all screwed, if the technicals are calling for a whopping breakdown, why is the Dow breaking out?”

Are things really better all around than your erstwhile bearish correspondents have been telling you?

The simple answer is “no, it’s not.” And also, “no, they’re not.”

Facts vs. Slogans

Let’s address that second denial first.

As much as the cheerleading squad might wish to muddle the issues, the basic facts of the matter remain quite clear. Every honest economist concedes that the recession will continue through the rest of 2009 and into 2010.

We have become so numb to the word recession that many investors …