[RightWhale]

Watching the $US to $EU every day. It's moved up a cent this week, but otherwise seems to be fairly stable. At least we are keeping even with the Euros, which might not be so wonderful considering their economy is not exactly robust either.

Also, it seems that new car sales are looking weak even with zero percent financing. Guess we are bought out for the time being. Since 'cars' is a big part of consumerism, the consumer index would naturally look discouraging.

Ginnie May has edged back up again. It tends to indicate that investors are feeling a little more cautious again.

Still waiting for the signal to jump back into stocks. No hurry, it won't be right away.

[imawit]

Still waiting for the signal to jump back into stocks

Hey there, just what is that signal going to look or sound like ?

[Always Right]

Still waiting for the signal to jump back into stocks. No hurry, it won't be right away.

The buy signal is pretty strong right now. The markets have hit their bottom and there will be a decent bull market over the next year or so. There is no real downside to the market right now, but there is a moderate up side. When the DOW hit under 7500 was the best buying opportunity.

[Darnright]

"Also, it seems that new car sales are looking weak even with zero percent financing."

Even with zero percent financing, you're still looking at taking on a $400.00 or more monthly payment for the next 60 months. Too many people have lost jobs recently, and folks are worried they may not be able to make such payments in the future.