Financial Sector's Best Week in Years [View article]
The five day Freddie and Fannie Rescue Rally leaders are financial, IYF, 24%, home construction, ITB, 24%, India, 20%, and Retail 11%.
Everything that is debt, has debt, and is consumer based has rallied strongly over the last five days; and thus is totally unsustainable.
In the linked article, I preseent a number of factors suggesting an immediate downturn; and present short selling suggestions as well as present a case for investing in gold.
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The five day Freddie and Fannie Rescue Rally leaders are financial, IYF, 24%, home construction, ITB, 24%, India, 20%, and Retail 11%.
Jul 23 09:17 am
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All Comments by richrdinbellingham »Financial Sector's Best Week in Years [View article]
Everything that is debt, has debt, and is consumer based has rallied strongly over the last five days; and thus is totally unsustainable.
In the linked article, I preseent a number of factors suggesting an immediate downturn; and present short selling suggestions as well as present a case for investing in gold.