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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!
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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