Weekly Risk Report 02/16/2009
This morning I heard Rick Santelli (CNBC's Bond Reporter) speak his mind and what appears to be on the minds of others as well. His comments are starting to come to voice with many tax payers. Here's the link: http://www.cnbc.com/id/15840232?video=1039849853&play=1
Our i-Wave remains unchanged this week - still showing very low risk going forward as we measure with our various components. All four components still continue in their own "bullish" ranges. There is now greater balance between the best and worst performers on the market than there's been in several months. This would indicate that at least some money is being shifted around in anticipation of improvement in some businesses. Maybe this is the first glimmer of light at the end of this long bear cave we've been in for the better part of a year.
I don't know how we can afford to run our government as a re-run of "Queen For A Day", nor do I know how to repair the psychological damage that has been done by the Media and last year's election 'debates.' I do know that companies come out of recession leaner and more profitable than when they enter. This has traditionally been very good for shareholders who've accumulated equity interest during the darker times.
