Topic: Monday on Wall Street
How much higher can the stock market go. It seems that the meltdown of the market was decades ago. I caution all investers to be real carefull. Cash is King. Obama is spending like there is no tomorrow. If he keeps it up there won't be. While it is possible to spend your way out of a Res/Dep it is a very slippery slope. Unemployment is over 20% if you count people whom are not looking for work. Gold is going through the roof and heading to 2000. Is inflation just around the corner? Sure looks that way to me. While I do think that the market will go higher short term it is swimming against the tide. Any international crises will show investers just how fragile this market is. Stay tuned for more as the Market turns.