[peterb]

The market tested it’s Oct intraday low and is rallying from it. This was expected and happened in 1929 as well. Politicians only hurt the market. This rally, at best, will rally until the next quarterly earnings reports come out and unemployment reports as well. Then it’s down, down, down again.

[peterb]

The market tested it’s Oct intraday low and is rallying from it. This was expected and happened in 1929 as well. Politicians only hurt the market. This rally, at best, will rally until the next quarterly earnings reports come out and unemployment reports as well. Then it’s down, down, down again.

[peterb]

The market tested it’s Oct intraday low and is rallying from it. This was expected and happened in 1929 as well. Politicians only hurt the market. This rally, at best, will rally until the next quarterly earnings reports come out and unemployment reports as well. Then it’s down, down, down again.

[peterb]

The market tested it’s Oct intraday low and is rallying from it. This was expected and happened in 1929 as well. Politicians only hurt the market. This rally, at best, will rally until the next quarterly earnings reports come out and unemployment reports as well. Then it’s down, down, down again.

[peterb]

“Shopping” is now an American habit. But “buying” has some real restrictions now placed upon it.

Kinda like going fishing verses actully catching the fish.

[peterb]

“Shopping” is now an American habit. But “buying” has some real restrictions now placed upon it.

Kinda like going fishing verses actully catching the fish.

[peterb]

“Shopping” is now an American habit. But “buying” has some real restrictions now placed upon it.

Kinda like going fishing verses actully catching the fish.

[peterb]

“Shopping” is now an American habit. But “buying” has some real restrictions now placed upon it.

Kinda like going fishing verses actully catching the fish.

[peterb]

“Shopping” is now an American habit. But “buying” has some real restrictions now placed upon it.

Kinda like going fishing verses actully catching the fish.

[peterb]

bzribee- Hang tight and save your cash. This is no run-of-the-mill recession we’re in. Events of this economic magnitude happen once every 60 to 80 years. For historical reference you can investigate the credit bubbles bursting of 1825, 1873 and 1929. When these things pop, like now, there’s huge financial carnage that follows. CA just recorded 8.2% unemployment and it’s going to rise all of 2009. And foreclosure’s of higher dollar loans have been defaulting at great numbers for the last 5 months, which translates into foreclosures in mid 2009. These two trends add up to massive downward pressure on real estate prices for 2009.

[peterb]

bzribee- Hang tight and save your cash. This is no run-of-the-mill recession we’re in. Events of this economic magnitude happen once every 60 to 80 years. For historical reference you can investigate the credit bubbles bursting of 1825, 1873 and 1929. When these things pop, like now, there’s huge financial carnage that follows. CA just recorded 8.2% unemployment and it’s going to rise all of 2009. And foreclosure’s of higher dollar loans have been defaulting at great numbers for the last 5 months, which translates into foreclosures in mid 2009. These two trends add up to massive downward pressure on real estate prices for 2009.

[peterb]

bzribee- Hang tight and save your cash. This is no run-of-the-mill recession we’re in. Events of this economic magnitude happen once every 60 to 80 years. For historical reference you can investigate the credit bubbles bursting of 1825, 1873 and 1929. When these things pop, like now, there’s huge financial carnage that follows. CA just recorded 8.2% unemployment and it’s going to rise all of 2009. And foreclosure’s of higher dollar loans have been defaulting at great numbers for the last 5 months, which translates into foreclosures in mid 2009. These two trends add up to massive downward pressure on real estate prices for 2009.

[peterb]

bzribee- Hang tight and save your cash. This is no run-of-the-mill recession we’re in. Events of this economic magnitude happen once every 60 to 80 years. For historical reference you can investigate the credit bubbles bursting of 1825, 1873 and 1929. When these things pop, like now, there’s huge financial carnage that follows. CA just recorded 8.2% unemployment and it’s going to rise all of 2009. And foreclosure’s of higher dollar loans have been defaulting at great numbers for the last 5 months, which translates into foreclosures in mid 2009. These two trends add up to massive downward pressure on real estate prices for 2009.

[peterb]

bzribee- Hang tight and save your cash. This is no run-of-the-mill recession we’re in. Events of this economic magnitude happen once every 60 to 80 years. For historical reference you can investigate the credit bubbles bursting of 1825, 1873 and 1929. When these things pop, like now, there’s huge financial carnage that follows. CA just recorded 8.2% unemployment and it’s going to rise all of 2009. And foreclosure’s of higher dollar loans have been defaulting at great numbers for the last 5 months, which translates into foreclosures in mid 2009. These two trends add up to massive downward pressure on real estate prices for 2009.

[peterb]

Agree with Chris on this one. Every rally we’ll see for the next year, is a short set-up opportunity. Gold has done well to hold it’s level of decline from $1045 this year. So in relative terms it is doing very well. But to see it actually make a new high and hold it in US$, would be counter to vitually every historical recession/depression event on record.

[Author]

Posts