AndrewBaker

Wall Street Breakfast: Must-Know News

So the good news about banks and financials goes on. This one will ride for a good while longer so it seems, so I'll buy some and hope it continues long enough to get out at aporfit when the reversal comes.

Whatever the numbers, the spin will be that it's all good, and more money will be committed to the market regardless, so those selling will not bring it down too much at this time. The trend is your friend, until it's not, so I'll go with the trend for now.

Even bears have horns when needs must.

The 'W' Shaped Recovery: How to Position Your Portfolio

A good article, showing clearly and unemotionally relevant numbers in chart form that indicate we are still in a down mode. It will be hard enough in the future to maintain one's present savings, without the hole in them that the next downturn will make. For every thumbs-down the bulls gives me here, they will suffer a commensurate drop in their own portfolios come the reversal, which is being delayed by propaganda and other manipulations, but which will come before the end of summer, if not this month or early June.