Recession possible? Who knew?
Trim Tabs stated Wednesday we already had a recession and it’s
And, no, I didn’t
feel a thing. Did you?
I think the Daily
Telegraph stated yesterday the US
was in a “depression”.
Bernanke uttered that a recession was possible.
Reading charts is much easier than reading the collective minds
of most pundits and Fed spokespersons.
My favorite Sacred Cow is #9, a quote from economist Edgar
R. Fiedler: “If you have to forecast, forecast often.”
Volume remains heavy on the NYSE [Yahoo/Finance got the math
right I think] but is relatively light on the NASDAQ.
Breadth was just okay.
Go to page 2 - Commodities, Emerging Markets >>