Looks like we have a channel.
Watch out for Rice prices
Watch out for Wheat prices
Oil to break $120
Banks and Financials need a higher market to keep the creditors at bay and to keep the expected 250,000 homes that haven't recieved their Notice of Defaults off their books.
Although we are seeing a slight uptick in home purchases compared to last month, the numbers of foreclosures are up 57% over last year and expecting bigger numbers in the months ahead.
Dollar also looks like it might get a bit of a break as the Bank of England is stepping in to help out with the Financial companies that have big losses in subprime. Holland, Belgium and England are also entering their first rounds of Foreclosures as overpriced properties have hit their highs and starting to plummet.
China's economy is the strongest it has ever been expecting the largest GDP % move ever......
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