sorry that i do not update my socialpicks more frequently, but i've moved more into thinking that the economy with be further inflated with the cheap money being given out by the fed.
i feel that we won't have another collapse in asset prices until there is "intervention" in the system. when i mention intervention, i am talking about policies that have the historical ability to change the way our system currently works.
however, we should be on edge because there are economic laws, violations of which result in consequences.
when the market goes up, look to sectors that will most benefit from our collapsing currency, inflation, etc. Monty guild from guildinvestment.com has written an excellent piece on this that can be found here:
http://www.guildinvestment.com/ARTHome.aspx?moduleid=0&itemid=354&Stype=F
as far as TWM, i am only interested in this for the very short term.
$28.64 (10/07/09)
