Friday, October 10, 2008

Market Smackdown!

Markets continued to take a beating this week with no end in sight. I watched the markets drop literally as President Bush or Emperor Bernacke spoke to the public. I would love our leaders to take a 24-48 hours wait and see approach and stop being so reactionary. Several events are happening this weekend. See this from the very capable folks at Stratfor.com. When all these cells converge, we might end up with the equivalent of an F-5 tornado. Tuesday will be a very interesting day from Main St. to Wall St.

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