Monday, September 12, 2011

Support Is Near, Will It Hold?

S&P 500
  • 1115 Will Act As Short Term Support
  • Our Market's Are Tied To Europe
    • Sooner Then Latter Greece Will Default
      • Followed By Spain And The Other PIGS
  • Market Could Get A Big Bounce Due To QE3, Along With More Stimulus From Washington 
  • Long Run
    • Stimulus Will Only Help Short Term, Like It Did In Japan
    • Early 2012 Could Be 1937 All Over Again
  • Do Not Take Risks That Are Not Needed