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Old May 24th, 2011, 01:15 PM   #1
conraddobler
I want my 2$
 
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Join Date: Sep 2002
Posts: 18,548

Reliable evidence of a short term recovery


http://finance.yahoo.com/news/1stqtr...&asset=&ccode=


Had an old CEO who watched consumer loan delinquency rates "credit cards are the best proxy nowdays" like a hawk, rising rates indicate a looming recession, declining rates indicate a looming recovery.

Overall the problems are still historic, but during this saga you'll find a lot of periods of calm.

This dosen't mean the stock market is going to the moon, and it dosen't mean everyone will be fine, it just means we should see a solid bounce from here soon.
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