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
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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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Weekend May 4 2022
AMZN was down 14% friday which powered several indexes lower. Now 3,000 becomes overhead resistance.
Watcj this chart for an indication of a bottom
This is a good indication of just how fast the air can exit the balloon , in one month 60 % to 16%. this is suggesting a potential bottom in the week ahead.
NYSE Advance Decline couple this with the NASD 50 dauy MA looking for a bottom, this is weekly let me add the daily next
daily now coompleting a fifth wave
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