get ready for the mother of all weeks

  1. 5,316 Posts.
    The Federal Reserve will meet on interest rates. Four big investment banks will report profits to see if subprime problems effect their earning. Plus there will be important reports on inflation and housing. After a flat, sleepy Friday on the Dow, next week could be dramatic for markets.

    With so many uncertainly and critical reports to come next week, I'll be very surprise if our market is up strong before Wedsnesday. Also the Northen Rocks bank problem in London will not go away just yet and China raised interest rate again, all in all, it will have a negative tone on the market and may be more negative on the resource sector. Good luck
 
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