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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (43306)	1/7/2013 3:03:20 PM
From: Vendit™	Read Replies (2) \| Respond to of 220060

What I see is the overly tall candle that formed the day after the cliff deal was signed. We all know that it was a tax increase on most income earners. How can that make the economy better and it did nothing to address spending and the deficit not to mention an ever inflating money supply and high but understated inflation and unemployment. To me that adds up to a short term ride on the Happy Clown at Wal-Mart but sooner or later the quarter my mom put in the Clown runs out so it will be time to get off of the Clown or talk mom out of another quarter. <g>