Monday, October 17, 2011

HUSSMAN: The Recession Is Still Coming, And The Europe Mess Has Barely Gotten Started

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YOU KNOW, until John starts screaming we AREN'T going to go into another recession, I see NO reason to take a fully unhedged position in the "markets". Don't get me wrong, John has gotten it wrong before, actually, quite a bit, but NOT about a weak economy, the only thing he got wrong was the unbelievable disconnect between the "STOCK" markets and the ECONOMY, as these corporations were making tons of money by laying off millions of American's and hiring the FoxConners in China, hoarding the cash and paying themselves billions in bonus's gotten from the extortion of the tax payers by their partners in crime in Washington, DC, and making most of their reported income off of currency benefits and reduced pension and medical benefit plans.    

White House Chief Of Staff Says Wall Street Is Out Of Touch With America

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Stock pick for 10/15/2011 

Church & Dwight Co., Inc., together with its subsidiaries, develops, manufactures, and markets a range of household, personal care, and specialty products under various brand names in the United States and internationally.
Technically CHD forming daily triangle pattern with third try to break above $45 resistance area. My interest is above that resistance and I will look for run at least to previous high what is around $46 number resistance. Depends on pace I will look also for possible move to equal move resistance area (blue line) and $47 area.
Wish you all good trading day
Ivica Juracic 

 Toni Hansen's Weekly Outlook

Why You Should Sell This Week
The chances of moving through overhead resistance are slim.Get Sam Collins' take on the markets.

Look to Currencies for Clues to the Market's Next Move
Resistance could indicate a pause before a continuation higher. Get Serge Berger's take.

Strong Selling in JNPR Indicates Weakness
Sell Juniper Networks if long, or short it for a trade. Get Sam Collins' downside target.


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