The Detroit Times Trading Recomendations
Take the profits today in the Lowes (LOW) trade we recommended 2 days ago.
THE STOCK MARKET;There could be a pretty good size dip in the market over the next week or two.
GOLD; It has traded sideways after we predicted a steep drop. The big drop never materialized and gold may now start going up and ralling. There was a dip in gold and we made money on it when we shorted Newmont Mining(nem)and took a good profit quickley. We have no bets on gold currently. Deflation is gold's biggest enemy. And if it comes as some analyists have predicted then gold will hit much lower levels. The collapse in housing is certainly very deflationary.
THE AUTOMOBILE INDUSTRY:New management for Gm should be quickley put in place. We reccomend Phil Murtaugh. He is responsibe for Gm's success in China.
CALIFORNIA:A REVOLT IN THE MAKING Los Angeles mayor Antonio(the love machine)Vee dosent have the respect of the people. He wasnt elected but installed by the ruling junta that controls Los Angeles.
DETROIT:The Detroit News had an excellent article yesterday on Robinwood St. It showed footage in living color the neighbohood blight that covers the city. The new mayor has so far has surrounded himself by thugs and incompetents. What next for Detroit? A resident recently said about Detroit,"Everytime you think it cant get anyworse its gets worse.
THE DEPRESSION: The economic numbers are going to be bad for a long time even Gentle Ben(Bernacke) admits that now. The President has to move quickley in restoring our manufacturing base. Globalization has ruined the economy.
THE SUPREME COURT;Jennifer Granholm Michigan's mafia conrolled governor is likely to be the next the Supreme Court Justice. The mafia once called bigger then U.S.Steel is still going strong while US Steel closed. The mafia because of its size and economic clout is entitled is to have representaion on the court and Granholm has done a yeomans job of representing their interests in Michigan. GOod pick for the court.
THE STOCK MARKET;There could be a pretty good size dip in the market over the next week or two.
GOLD; It has traded sideways after we predicted a steep drop. The big drop never materialized and gold may now start going up and ralling. There was a dip in gold and we made money on it when we shorted Newmont Mining(nem)and took a good profit quickley. We have no bets on gold currently. Deflation is gold's biggest enemy. And if it comes as some analyists have predicted then gold will hit much lower levels. The collapse in housing is certainly very deflationary.
THE AUTOMOBILE INDUSTRY:New management for Gm should be quickley put in place. We reccomend Phil Murtaugh. He is responsibe for Gm's success in China.
CALIFORNIA:A REVOLT IN THE MAKING Los Angeles mayor Antonio(the love machine)Vee dosent have the respect of the people. He wasnt elected but installed by the ruling junta that controls Los Angeles.
DETROIT:The Detroit News had an excellent article yesterday on Robinwood St. It showed footage in living color the neighbohood blight that covers the city. The new mayor has so far has surrounded himself by thugs and incompetents. What next for Detroit? A resident recently said about Detroit,"Everytime you think it cant get anyworse its gets worse.
THE DEPRESSION: The economic numbers are going to be bad for a long time even Gentle Ben(Bernacke) admits that now. The President has to move quickley in restoring our manufacturing base. Globalization has ruined the economy.
THE SUPREME COURT;Jennifer Granholm Michigan's mafia conrolled governor is likely to be the next the Supreme Court Justice. The mafia once called bigger then U.S.Steel is still going strong while US Steel closed. The mafia because of its size and economic clout is entitled is to have representaion on the court and Granholm has done a yeomans job of representing their interests in Michigan. GOod pick for the court.
posted by thedetroittimes at 11:33 AM
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