1.03.2010

WEEKEND UPDATE


Ok- the start of a new year and a new decade - good grief - Twenty ten and the 10's I predict will be ok for most-


I am expecting a good year for equities and will go out on a limb with an expectation of a 15% gain on the SPX.


No idea on where the dollar is going but I do expect that before the year ends gold will touch $1,500 per ounce- and will revisit the price next year at the same time.


In barron's this week- they are bullish on CVX and expecting decent returns from a big winner in 2009- junk bonds - they are thinking the spread between junk and Treasuries remains the same - so a pretty good yield -and a good return even if prices fall a bit.


Barry with a look at job disappearance by County.


One reason for my bullishness- money coming into funds.


The NYTIMES- with a look at food stamps.




1 Comments:

Anonymous PENNY STOCK INVESTMENTS said...

Great game

10:32 PM  

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