The MSM have tried to politicize the economy, but I would be cautious of investing on that basis.
I'm also a little suspicious as to why they are finally running this story at this particular juncture. Personally, I think the charts and figures show that the DJIA and the other major averages are topping out and about to start back down. I just pulled out of the market to wait a safer time.
http://stockcharts.com/gallery/?$INDU
Smart move chief...
|
Taking position timeframe of a month or two while keeping an eye on longer term trends, IMHO it's sure looking like we're bouncing up off of a solid support line. I'm fully into small caps.
I've been a little nervous, but this is my fourth week of riding the wave.