Contrarian market commentary and economic postings.
Wednesday, October 13, 2010
TREND LINE BREAK
Unless quickly reversed this trend line may be mute. 1217 MA is next for R. The economy is not in a bull, but stocks are.....backed ny full faith of the FED and printing press.
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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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