Posts Tagged ‘George Bush’
Bernanke & Bush: The Perfect Storm
Sunday, September 23, 2007 3:14 No CommentsThe Fed’s Move
Amid pressure of growing concerns of a recession, and contrary to every public comment he has ever made, Ben Bernanke stepped in to bail out Wall Street at the expense of higher inflation and a declining US dollar. His 50/50 bps cut on the fed funds and discount rates sent stock prices and [...]
Stocks to Sell Off in Weeks Ahead
Sunday, September 16, 2007 3:39 No CommentsCharting Stocks
September 16, 2007
In recent of posts, I’ve mentioned that 13,450 was an important level of resistance for the Dow Jones Industrial Average. On August 19th I noted that 13,458 was a key Fibonacci resistance level and thought that this would be a reasonable spot for the market to stall. I used last weeks post [...]





















