With a gain in the indices of roughly 29% since the early March lows and the S&P rallying for six weeks in a row-its longest streak since May 2007-it may be time for a pullback or, at best, a consolidation. In CROSSHAIRS TRADER terms, the current BATTLEFIELD TERRAIN is categorized as GREAT DISTANCES [...]
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THE LONG AND WINDING ROAD… Like a patient in ICU, our current bear market, will need plenty of time to recover so it may be best not to get your hopes up, just keep hope alive through it all. http://online.wsj.com/article/SB123603851698214519.html http://online.wsj.com/article/SB123561056456077505.html AND SOME ADVICE ON HOW TO NAVIGATE IT… http://www.cnn.com/2008/LIVING/10/13/depression.irpt/index.html http://www.msnbc.msn.com/id/29262092/ http://www.moneyweek.com/news-and-charts/economics/what-you-need-to-know-about-the-great-depression.aspx DIPPING THE [...]
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WHERE IS ATLAS WHEN YOU NEED HIM? Bank of America and Citi nationalized? And those in favor… Paying the Unemployed. Selling Takes Hold Along With Gold. Risk vs. Safe Haven Even the Girls Scouts Are in a Recession. PLEASE TAKE A NUMBER… Taking Advantage of the Deaf. MIA Found. Madoff’s wide reach. NOT [...]
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