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Re: Tommy86 post# 47425

Tuesday, 06/16/2009 8:39:46 PM

Tuesday, June 16, 2009 8:39:46 PM

Post# of 72997
Tommy, u are brave,
time will tell, trend starts to show up after 2 weeks of consolidation
S&P 500 Has Biggest Two-Day Drop Since April
President Barack Obama chided Wall Street financiers for forgetting how close the U.S. economy came to collapsing and predicted that the nation’s unemployment rate would rise to 10 percent by the end of the year.

In an interview with Bloomberg News on the eve of the release of his plans to revamp regulation of financial markets, Obama voiced confidence the economy would recover soon while warning that robust growth was needed if the U.S. is to rein in its budget deficit without raising taxes on most Americans.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aAw5cvriG8.g


"The Chinese use two brush strokes to write the word 'crisis.' One brush stroke stands for
danger; the other for opportunity. In a crisis, be aware of the danger - but recognize the opportunity." -J. Kennedy

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