More from ronjaenisch
More iReports you should see
Theme for the week: Don't worry be happy!
As you can see on the chart prices went down to the Jaenisch (ORE) Reversal Line and are now significantly higher. Europe is happy because someone else is going to be the lender of last resort, other than Germany. But wait, isnt that new entity nothing more than German money and a whole lot of leverage? Investors need a wall of worry to climb. Here it is. In the USA the first pay check of nearly everyone will be 2%-5% less starting the first month of the year. Why? 2% payroll tax increase, Obamacrappycare tax hikes will start and Bush temporary tax cuts are expiring. Need more to worry about? Six million Americans will no longer receive unemployment benefits for starters. Be sure to file your state tax returns early so you are one of the lucky ones to receive a check if you are owed money.
How high will the market go from here? up a bit. Our wild guess puts anything above 1250 out of range.
How high will the market go from here? up a bit. Our wild guess puts anything above 1250 out of range.
- TAGS:
- breaking_news
What do you think of this story?
Select one of the options below. Your feedback will help tell CNN producers what to do with this iReport. If you'd like, you can explain your choice in the comments below.
Be and editor! Choose an option below:
iReport welcomes a lively discussion, so comments on iReports are not pre-screened before they post. See the iReport community guidelines for details about content that is not welcome on iReport.
© 2011 Cable News Network. 
Comments