financial reality

Separating fact from fiction in finance and economics


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  • InLibrisLibertas
    Location : Mill Valley, California, United States

    I'm an independent investor. I make my living from the returns on my investments. I work at home, in the northern part of the San Francisco Bay area. I spent most of my career as an executive in high-tech, although I also spent time in banking. Down to one kid in university now!

The Little Engine That Could?

December 2nd, 2008 by reality

The market is stronger today, but still hesitant after yesterday’s bear raid. Still, some important signs are encouraging for the bulls: the dollar is a tad weaker, bonds and bills are flat to lower, although notes are still strong. Certainly is wild, though - yesterday the TRIN was 6+, today it is 0.43 as I write. We need to see a solid reversal in the Treasuries and the dollar for a sustained rally in stocks. I think I can, I think I can.

Posted in Fixed Income, Inflation & The Dollar, International, Stocks, Strategy & Scenarios |

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