Archive for July, 2010

America’s Economic InEquality – How The Rich Are Winning

Friday, July 30th, 2010

The Gap between Rich and Poor - how the rich are winning

The paragraph below was taken from an MarketWatch article.

“And according to an analysis by the Central Intelligence Agency, the U.S. has one of the most unequal income distributions in the world. In this field, most of the developed world is pretty much in line — Japan, Italy, Australia, Canada, Norway, Great Britain. Some are more unequal than others, but all are comparable. In each case, of course, the rich make more than the middle class, sometimes a lot more. But they generally occupy the same economy.The U.S.? Our income distribution is more in line with Zimbabwe, Argentina, and El Salvador. We think of Russia as the land of oligarchs, but America’s inequality is actually slightly greater than Russia’s.

Timothy Sykes – PennyStocking DVD 4 – Charting, Self Publishing and Learn From Mistakes

Tuesday, July 27th, 2010

Timothy Sykes PennyStocking DVD course final review

This review is both about DVD 4 of Timothy Sykes PennyStocking stock trading program as well as a review of the whole course content DVD 1-4. I will fist talk about DVD 4 and then about the overall quality of information of the entire course.

Timothy Sykes PennyStocking DVD 4 Review

I’m Out of Stocks For Next Little While

Tuesday, July 20th, 2010

Dow jones chart july 25

Looking at my stock and index chart indicators, it looks like the markets are headed south for the next leg.  I got out of my position over 2 weeks ago and now it is basically a waiting game, the indicators tell me that I should be in all cash and possibly the DJIA (Dow Jones Industrial Average) is going back under 10,000 within the next month.