Hankhawk

Percentage of Stocks Above 50-Day Moving Averages Shows Market Strength

First of all we're in a recession and there are many negative
things to come public which could change motivation and
action of trends. negatively quickly.
Second, 50 day avg. is much too short of
duration -- I'm more interested in 100 day avg. -- like to
see their figures for that.

I wouldn't be buying on the basis of their charts.

Broad Selloff Hits Utilities and Housing Hardest

I keep reading worse reports of the housing market yet to come -- the subprime impact
is no way near the bottom. The Fed. will definitely not raise interest rates and risk
taking the blame for further housing problems and having some housing stocks go into
bankruptcy. Whatever investments you decide to make, know that interest rates will
not be raised for much of 2007 and into 2008 -- the housing market is in a critical decline.