Wikinvest Wire

Mary Ann Bartels is making sense

Wednesday, September 09, 2009

Mary Ann Bartels, a technical analyst at Bank of America, was on Bloomberg earlier today talking about the near-term prospects for U.S. equity markets. The news wasn't good.

IMAGE Click to play in a new window

An intermediate top in Chinese stocks, rising bearish sentiment among newsletter writers, a peak in investor buying in the U.S., and higher selling pressure all point to the increased probability for a 15 to 20 percent "correction".

2 comments:

Anonymous said...

Tim,
I thought you might miss this, and wanted to send it along for your amusement.

http://www.huffingtonpost.com/2009/09/07/priceless-how-the-federal_n_278805.html

IdahoSpud

Tim said...

Thanks.. interesting..

IMAGE

  © Blogger template Newspaper by Ourblogtemplates.com 2008

Back to TOP