Monday, July 14, 2008

What's Happening with the Banks?



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The government saving of Fannie Mae & Freddie Mac and the positive intervention of the FDIC with Indymac saved Monday from being a severe downward day on the stock market. The trend though is still down, the bears have control, there's alot of hurdles in this economy to overcome. I see alot of bank stocks going down today and very little retracement. Is this just a one time things or are more to follow?
Comments and Opinions of what is happening are welcome.

Saturday, July 12, 2008

Stock Market Heading South?



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Friday July 12th the Dow dropped below 11K and I beleive will drop even lower on Monday. Now is the time to get into Gold as a hedge against a devaluing dollar.
Or invest in overseas real estate as the US real estate market is already showing signs of high value properties desparately looking for buyers thru sites like
Sweet Trades and Tradeaway.
There are many foreign markets you can look into for investing thru International Living online magazine.
Please feel free to post any comments or questions.

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