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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