The Finance World is in a state of Flux

Nov 03, 2009 • By • 39 Views

The Finance world is in a state of flux at the moment with Wall Street attempting to consolidate 8,000 on the Dow, we see the FTSE 100 attempting to do the same with 4,000. Although this may not prove to be a difficult task on a one week view, there does seem to be the impression of this market only just being capable of crawling up the floor of the rising March channel at 3,920, so bulls should be on guard for any break of this line. Trading is interesting at the moment but there are
opportunities to make money out there for those with an adventurous streak in Real Estate, Real Estate Finance, Flat Screen TV's, Home Audio, Consumer Durables and possibly Autos

Without wishing to sound sensationalist but the Jury is still out as to whether we are looking at a Bear Market Rally or indeed the start of the next Bull Run. I guess most idealists would ironically like to see at least one more retest of the previous lows possibly just to "put to bed" any notions of this market starting to bottom out. The trouble is with so much market gerrymandering going on at the moment in terms of "Governmental fingerprints" being left all over the place it is difficult to see what is a true figure and what is not?


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About the Author

Scott James

Scott James writes about Finance now and again

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