Wednesday, October 21, 2009

CAR - idea from some other blog --TK maybe?

I saw CAR recently, but never charted it myself.   It may have been Tim Knight or one of the other quality blogger shown in the poll on the right.

The recent downward wedge indicates upside to come (although small).

The potential move down is enormous.

And some minor enforcement action on market manipulation--

In 1932, after being beaten for years by the Great Depression, Amercians wanted heads to roll, and finally a prosecutor with the guts and ability stepped up to the plate. 

In January 2009, The NYT asked "Where is our Ferdinand Pecora"

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Insightful and Useful Comment!