Posted by
Jeffrey Ziegler in
Uncategorized on
July 27, 2010 |
3 Comments
The latest numbers for the ECRI’s Weekly Leading Index (WLI) came out a few days ago… and all I gotta say is that spread traders should be “licking their chops” with anticipation right now.
If you’re not familiar, the WLI is one of the most reliable indicators that forecasters use in determining economic growth (you can read more about it on my post here).
Of course, its...
Hi Jeff,
I’m counting on this downside move starting now! Thanks for your insight and information. Very much appreciated.
How have we stayed up this long it just makes me wonder everyday. There is nothing that is being done politacally taht is going to help us but take us down more in my opinion. Who wants to hire people not knowing what healthcare is going to do. Pretty concerning what could happen here but if you keep your powder dry(having cash) there may be some buying opportunities galore out there. Now the problem will be what will the new low be and when do you get back in? I don’t have any idea how the Fed can come back in and reinflate this again so what can be done. We are going to have to find a new way to fund growth.
Bill… thanks for sharing. In one sense, it may be a bit concerning what could happen. All the more reason to be equipped with a trading strategy that will allow one to take advantage of these times, and set themselves apart financially!