Comments on: Is The Bull Back? http://www.economyguy.com/is-the-bull-back/ Economic News For Everybody....by Tom Harvey and Cyrus Uible Sat, 03 Jul 2010 03:53:46 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Tom Harvey http://www.economyguy.com/is-the-bull-back/comment-page-1/#comment-801 Tom Harvey Sun, 29 Mar 2009 05:27:19 +0000 http://www.economyguy.com/is-the-bull-back/#comment-801 Hi David, Right on all counts. Tom Hi David,

Right on all counts.

Tom

]]> By: David http://www.economyguy.com/is-the-bull-back/comment-page-1/#comment-799 David Fri, 27 Mar 2009 22:34:13 +0000 http://www.economyguy.com/is-the-bull-back/#comment-799 Well, my thought is similar to yours. This is a bear market rally at best even though the stock pundits and MSM talking heads say the low is in. From a chart perspective the post-inauguration bust seems like a tempting stock bottom but the fundamentals of the economy just aren't that strong. There are still plenty of foreclosures to come: - high FICO borrowers in residential RE - Commercial RE (when interest reserves run out) - banks (FDIC Fridays every week this year is almost certain) - businesses (Circuit City and Linen's N things plus many more) Well, my thought is similar to yours. This is a bear market rally at best even though the stock pundits and MSM talking heads say the low is in. From a chart perspective the post-inauguration bust seems like a tempting stock bottom but the fundamentals of the economy just aren’t that strong.

There are still plenty of foreclosures to come:
- high FICO borrowers in residential RE
- Commercial RE (when interest reserves run out)
- banks (FDIC Fridays every week this year is almost certain)
- businesses (Circuit City and Linen’s N things plus many more)

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