enigmaman

Credit Crisis Watch: Signs of Progress?

Excellent technicals that actually shows the information that we need to know, forget about what the so called Walstreet Gurus have to say, they are just filling air time with their suspect opinions and predictions. The old adage "believe 1/2 of what you hear and 100% of what you see" fits here perfectly. The charts provided tell us how the Patient (USA) is really doing, how its responding to treatment, while still in the ICU the patients condition has been upgraded from critical to serious not a small matter. Once we find the patients conditon has stabilized we can breath a sign of relief knowing a full recovery is now more likely, knowing the patient will not likely die or not be permanently impaired will be greeted with a slow but sustaintable improvement in consumer confidence reflected on Wall Street. The next few months is critical, a defibubulator has to be available and ready 24/7 to provide the stimulus needed to keep the patient alive in the case of any relapse. We are hopeful for a full recovery of the patient but its not out of the woods yet.