Contrarian market commentary and economic postings.
Tuesday, July 20, 2010
MANY CALLING BOTTOM
Market can do what it wants, economic data does not support rising prices, then again it doesn't have to. As you can see downtrend is intact, until last lower high is taken out.
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I have been writing about stocks and the market since the late 90's. My record of calling the last 2 , now maybe 3 bear markets stands. There is more to investing than just avoiding bear markets, but it sure doesn't hurt. I offer NO recommendation to buy or sell equities or trade any vehicle...I just offer my opinion for what it's worth. Consult with your financial advisor before taking any actions. this financial blog is for amusement only.
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