Tuesday, June 13, 2006

Fishing

Posted by Picasa Records broken in 2005. In addition to Wilma, Katrina we also had the largest storm surge on record; Dennis the most powerful hurricane that ever occurred before August.
Now Alberto yesterday was remarkable only in how quickly it formed and caught so much attention....

A recent survey found 83% of people who live along the coast had taken no steps to strengthen there homes and 68% had no survival kits.

This stock market is simular...most are dismissing the "correction" as routine...and needed...this could be...we'll see....the old adages; don't fight the tape and don't fight the Fed are expressions a clear majority of people around the world are ignoring.....

Barkly seen here is fishing around for something chew on....

down 30% to 50% in 30 days... FCX, EEM, IBN, CEF sure seem to stand out