monavateme.com

Stocks Tumble this week as predicted and send mortgage rates lower!

I hate to say I told you so but this week was how I saw things happening by looking at the chart of IWM and TLT about a week ago in two of my previous blogs.

See here what I saw looking at the IWM chart.

Here is what it looks like one week later.

 

 

From here a bounce is likely but I don't think we will be seeing new highs any time soon.

 

Mike

Michael Cantwell

Loan Consultant - Boca Raton, Florida

My website - www.loanDepot.com/mcantwell

My Mobile # 561-262-5366

My Outside Blog Florida Renovation Loans

 

 

 

               

Comment balloon 1 commentMichael Cantwell • May 09 2010 09:22AM
Stocks Tumble this week as predicted and send mortgage rates lower!
share
I hate to say I told you so but this week was how I saw things happening by looking at the chart of IWM and TLT about a week ago in two of my previous blogs. See here what I saw looking at the IWM chart Here is what it looks like one… more
Greek Debt Markets may be tipping point for Stock Markets
share
Yesterday as we watched the theater of the absurd between the Government leaders who barely knew the difference between a CD and a CDO and the sharks of Wall Street, the debt markets of the Greek Bond Market were collapsing. The ratings agencies… more
Post 1000: 3 Years Playing in the Rain and What it Means to Me
share
Erica has a great blog on how to use ActiveRain to your advantage! Michael WARNING: LONG, HARD CORE BLOG TALK! This is my 1000th post. I wanted to write something significant and meaningful about my 3-year… more
The Breaking News Network is Non-Marketing Marketing
share
Here is information on our new Breaking News Site Sounds clever doesn't it. But the revolution caused by the internet opening up media is more than clever, it is a change in the rules of engagement. First, we all are now… more
Chinese Drywall - The Final Solution
share
Great article from Jay on Chinese Drywall A great solution is renovation loans like the FHA 203k Loan Michael Cantwell Renovaiton Branch Sales Manager Two things have happened in the past few weeks… more
Boom and Bust is what we have here!
share
Boom and Bust is an age old cycle. How do we stop it is the question? Better yet can we or are we just fooling ourselves? Great Video gives some perspective! more
NFL Draft 2010 coming soon to a Jupiter, FLorida TV Station near you.
share
The NFL Draft for 2010 is coming soon and I asked my son Lucas if he wanted to work with me on a detailed list of what we thought would be the results of this draft This is often referred to as a mock draft The draft is set for the 22nd of… more
Chinese Drywall advice from the Fed - Rip it Out Palm Beach Florida…
share
Walking through my local Publix supermarket this morning in Palm Beach Gardens Florida I glanced at the headlines in the Palm Beach Post and I see that an update on the massive Chinese Drywall problem in South Florida It is advice from the… more
Jupiter Tequesta Hobe Sound Board of Realtors Training for Active…
share
I am giving a training seminar regarding ActiveRain at the Jupiter Board of Realtors today at 2. If anyone is local you can stop by and see what ActiveRain has to offer. I am a member of the Jupiter Board of Education committee as well as the… more
The I's have it. World Central Banks start cranking it up!
share
The I's, meaning the two countries that start with an I have recently raised rates Israel raised interest rates in late 2009 and this week India followed suit with an increase in rates It isn't just countries that start with the letter I that… more