Benjamin Roth: The Great Depression: A Diary
It's all here, times change people don't
-the endless govt programs that fail to stimulate the private sector
-the ups and downs of the economy, the veterans pension stimulates just as the housing credit did, until of course the money runs out
-Roth is a attorney in Youngstown Ohio who kept a diary regarding the economy from 1930 until WW II breaks out, he is objective, candid, and forthright which is more than we get from Washington DC now or then
highly recommended
Robert Scheer: The Great American Stickup: How Reagan Republicans and Clinton Democrats Enriched Wall Street While Mugging Main Street
The former Editor of Ramparts takes on both parties and how they sold out to Wall Street that is even now partying and bonusing on their former mistakes.
Charles Gasparino: Bought and Paid For: The Unholy Alliance Between Barack Obama and Wall Street
How Wall Street Backed the Administration and Got What It Paid For
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MACFriday Post Market Close 10/6/2017
USO Oil Price Fund
Last weekend we noted oil was overbought and needed a correction. That is happening this week.Next Tuesday or Wednesday should see a test of the uptrend line.
BUT
this really worries me, I am thinking of selling all my positions while I am in a profit
From the top panel
MACD topping
Main Panel, Price topping
Bottom Panel, PMO approaching top
Add to that we are in October, the month that has seen more crashes than any other
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