Matt from Queens

Start Planning for a Hard Economic Landing

Nice article with plenty of info, but can you elaborate on why the dollar would advance?

Weak Dollar Bodes Well for U.S. Economy

Joe, in case you haven't noticed the dollar has been depreciating severely as the economy has weakened and the stock markets tanked. A weak dollar is not good for the economy-it's a symptom that something is very wrong with the economy.

I understand that a weaker dollar is good for exports and that it's good for foreigners who wish to buy U.S. assets, but Americans absolutely hate to see U.S. assets sold to foreigners.

The Euro's Long Run Is Finally Over

The Beatles broke up too.

The Euro's Long Run Is Finally Over

And in other timely news, the Boston Red Sox have won the 2007 World Series.

The Euro's Long Run Is Finally Over

Where was this article when the euro was 1.60? The euro stopped appreciating in April, so I don't even know why they published this.

U.S. Session Wrap: Meredith Whitney Does It Again

I think you are missing the point here--the LFB seems to be supplying a lot of economic info and they also made an important point.

Everyone is consumed with the dollar's connection to oil, but they;ve pointed out that the dollar was able to decline even after oil fell because the financial sector weighed on the overall indexes.

Much of there info seems to be taken right from the source, and they break it down in a way that paints a total picture of the market. I think it's a very handy resource.

A new Bullish Divergence

I'll give you another one to look at. Use a slow stochastic set at 5,3 and use a line chart to show closing prices.

Price closed at stoch oversold on March 31 and it closed stoch oversold on April 15. Price on April 15 was a higher price then on March 31. That means even though price has gone up at teh second point relative to the first the market still considers the price to be cheap, which is a bullish sign.

Another way of saying this is that the stochastic has made a double bottom.