Welcome new reader!

Financial news I consider important, with my opinion, which is worth as much as you paid for it.
Please click HERE to read a synopsis of my view of the financial situation.

Monday, October 3, 2011

This Week in Charts

As of week of September 11th, this market is in a down trend, that should last for a full year or more.
Expected top to bottom losses of 35% (or more).  I'll re-evaluate when S&P 500 hits 780 OR the long term indicator flips into bull mode.

This blog will be pretty freaking boring for months to come, until I can see some glimmer of hope for natural resources or the market.
Cash is better than putting it anywhere else.

To the chart that matters, the market range.

From WebSufinMurfs FinancialBlog2

No comments:

Post a Comment