To: Frantzie
For banks and pretty much the rest of the market - I would rather look at charts. The charts lie less than the financial statements.Not a huge fan of techincals but we have to be overbought after the biggest and fastest rally since 1933.
There is just too much debt in the system and that will weigh down everything. Think Japan 1989.
26 posted on
09/04/2009 8:24:34 PM PDT by
NeoCaveman
(has created or saved 150,000 posts, sure.)
To: NeoCaveman
Agreed on both points. I used to be more into fundamentals buy there is too much lying in the financials. They are as bad as the Chinese or Indians anymore.
We are as corrupt as Russia anymore.
28 posted on
09/04/2009 8:29:30 PM PDT by
Frantzie
(Lou Dobbs & Glenn Beck- American Heroes! Bill O'Reilly = Liar)
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