Featured Post

1021. Humpty Dumpty Joe [Biden]

 I've been quiet enough. It took me a long time to get on Obama (OBlunder) when in his times he screwed up America along with his sideki...

Friday, March 5, 2010

242. Time to Give a Market Update

It has been a week since Post 237 Convergence Day. As expected then, the market hovered for a while then rose to current levels around 10560 at this time. Now where? I expect about 4 more days around this level, pushing the 10600-10625 mark before taking a breather. How long a breather? Not long. Signs, I mean the red squeaky toy, indicate a strong pull upward. Are we learning the words from the administration are only words and no action? Seriously though, China, the country to be watched, announced it expects a strong growth year despite their banking restrictions -- good for them, good for commodities, good for their importers. Greece it fighting hard to regain stability on their own and had some successful bond sales. UK still upbeat. Euro Zone negotiating with India re free trade. Southeastern Asian countries, like Indonesia, Singapore, etc. discussing their own free trade talks. Iraq continues on. Afghanistan and Pakistan showing some positive signs of progress. Please O -- keep your mouth shut for a while and let the world progress. The Health Bill NEEDS to be KILLED. America needs to get back on the track. Out with the jerks -- TY Rangel (Mr. Cheat) for resigning. Maybe the NY Governor will too! And isn't it time for the glitzy Hollywood bunch to retreat from socialism and their imaginary false thought that they control this country? Like they helped California any -- into bankruptcy maybe! We're at a point where the negative news is simply the word of news people who think they only need to report negative news. We the People are wiser and having been forced this crap for decades are finally wising up. Let's just get rid of the naysayers and bad-news and bad-policy controllers. The market will take a breather in 4 days. Then we're going to get back on track upward once we right the train. The anointed One WILL NOT speak the word protectionism! (We sincerely hope).

No comments:

Post a Comment