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Is Today the Day?

Good question.  You didn’t honestly think we’re going to call the bottom right now, did you? We posted some charts late Monday (which, despite the market continuing to drop, are still valid), and we have another today.  This is a technical chart, so take it with a grain of salt, showing how much the market …

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Market Update

As you are likely aware, Wall Street has been undergoing shock therapy in the last couple weeks.  From the failure of Lehman Brothers, to the emergency loan for AIG, to the Treasury’s proposal to spend upwards of $700 billion to buy troubled financial assets, last week was an unprecedented week for the U.S. financial system.  …

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