pooramerican

First Call of a Double-Dip Recession: Setting Up a Market Bottom?

I think TBT is a good play here because TLT failed to make any newer highs since it is 52 week $123 high. I am so tempted to buy XLE and I feel like I missed the boat on TCK or USO or DRYS but the volumes were just so unconvincing.
I saw a good sign when I read that savings increased to $270 bln from $70bln for the month of october YoY. that is very good the only issue now is how will unemployment play into all this?I expect we will see 10% unemployment by May or june unless somehow the new administration pulls a rabbit out of their hat.
I am still unconvinced, the only thing I find attractive right now is food and energy because they are just too damn cheap. Solar stocks have also been beaten beyond death and I think that they represent a good value at current prices but need to be picky and make sure they have enough cash to keep running.