Yesterdays Fed action means that we are closer to the end of this stock market rally than we were prior to the Fed meeting. Apparently the Fed didn’t get the message of the election that change was in the air. …Continue Reading →
While Geithner’s public style does not inspire a lot of confidence, supposedly he is smart and doing the right things behind closed doors. Maybe that is the right thing for the moment, less hype and more thinking. It all works…Continue Reading →
Last night’s Jon Stewart Show was painful to watch. Jim Cramer, the lead hype dog for CNBC was reduced to whimpering and putting his tail between his legs. He now says he is going to change his ways and work…Continue Reading →
The S&P by trading inside the 699 and 734 range yesterday, passed the first technical test of the macro bottom formation. Now we have a couple of free days, in fact now it would be nice to see a push down…Continue Reading →
Here is the link to our report. investment-realignment-outlook.htm
The market is opening in despair again this morning. Is it because the players know something or don’t know what to do? Thomas Friedman had a great article in yesterdays NYT on the change that is evolving. See http://www.nytimes.com/2009/03/08/opinion/08friedman.html. We…Continue Reading →
Those who know me know that I am a so-called car nut. My first car was a 1955 Mercury. I read all the car magazines and I have to say that the only people who really have a solid perspective…Continue Reading →
The last five posts we have made should make our posture perfectly clear. This is a major turn for the politics and economic policies of our country, and it should involve a lot of hysteria, that is how the change…Continue Reading →
The market is crying out to you this month, pay attention to the second most important month of the 17 year economic/market cycle. The most important month was March 2000, the real start of the market downturn. First, this morning we are seeing the front page…Continue Reading →
We have long maintained that the projected long-cycle low on the S&P would be around 640 to 660 and that it would occur around the 2011 period. Last weeks’ market action of making a new low in the S&P for…Continue Reading →