Friday, August 5, 2011

SPX 1168 held. Is it the bottom?

To soon to tell if 1168 was the bottom.  We are no were near a bottom of vicious politics.  This article rips the politicians.

http://www.economist.com/node/21525405

The Trend Advantage

2 comments:

  1. Well, there WAS a compromise. And the markets tanked because of it.
    Everyone thinks it is obligatory to blame the tea part. Well, the terrorist tea party took over China. Saturday China said the U.S. needs to reduce social and military spending and cure its addiction to debt.
    I DON'T BLAME ALL POLITICIANS EQUALLY.

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  2. After today, Monday 8/8, this article seems irrlevant. The markets of the world gave a vote of no confidence to the debt ceiling act. It isn't the tea party's fault. Every member of congress signing the bill needs to be voted out of office.

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