Friday, March 20, 2009

SPY pullback




Any wonder why the market is pulling back? In view of the SPY chart above, there shouldn't be.

To make matters worse, the Fed is printing money to intentionally spur inflation... this could be very bad for America; it has never been beneficial before.

http://www.theaustralian.news.com.au/business/story/0,28124,25212624-643,00.html

Remind me to not go long for another few years.

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