It was just about time.
The market seems like it is beginning to slip. The news is beginning to get really gloomy.
Actually, people are NOW just starting to realize that Wall Street was trying to create another bubble. Bubbles are really great--until they POP! That happens when people start realizing that things just cost too much without any real reason.
Interest rates will remain low. Unemployment figures to be released on Friday look promising. Well, that's just it. They look promising compared to the last bunch of dismal months.
Banks are starting to be a little freer with credit to small businesses. This is good, but it will take time before many of these business grow enough to create enough jobs to reduce stress from the economy. We aren't there, yet, but stock prices act like we've mostly arrived.
I think we have a lot more upward bullish trends ahead of us, but we're ahead of ourselves for now. It's time for many of these prices to sag a bit. Look out for the neighborhood bear.
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