Contrarian market commentary and economic postings.
Tuesday, January 05, 2010
UP UP AND AWAY?
By viewing weekly charts, we can get better idea what the day to day meanderings mean within the greater context of trend.
2010-2011 is the year of adjustable mortgage resets, and the higher this goes, the higher the NEW payment will be putting even MORE PRESSURE on the beleaguered economy.
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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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