TSG Letter November 9 – The Dragon Has Landed

Dear Trader,

Lots to cover this week so let’s get started…

TSG Stock Market Letter – The Dragon Has Landed
Week Ending November 9, 2007

Topics Discussed This Week:

* Trying to draw a bead on a level 3 ghost
* Investment bank breakdown
* Charting our trajectory
* Bank, REIT, building and financial sectors rolling over
* Has the bear arrived?
* … Dear Trader,

Lots to cover this week so let’s get started…

TSG Stock Market Letter – The Dragon Has Landed
Week Ending November 9, 2007

Topics Discussed This Week:

* Trying to draw a bead on a level 3 ghost
* Investment bank breakdown
* Charting our trajectory
* Bank, REIT, building and financial sectors rolling over
* Has the bear arrived?
* Market atmosphere turns poisonous
* Leaders turn down
* Fed keeps on pumping…
* At least no troubling economic reports
* Consumer credit continues to grow
* Bear market and recession risks…

It was another week of suffering, especially for those who bought into the line of bull last week and the week before (and the months before that) that the sub-prime fallout has now been contained. As James Grant, editor of Grant’s Interest Rate Observer commented in an interview Wednesday,

“Sure, the sub-prime fallout is contained. It’s contained on planet earth.”

So what does this week’s action mean for markets and what other surprises lie in wait?

To read this week’s STOCK letter go to
http://tradesystemguru.com/content/blogcategory/34/68/

To read this week’s INTERMARKET letter go to
http://tradesystemguru.com/content/blogcategory/35/69/

We look forward to your questions and comments. Please email
them to me at matt@tradesystemguru.com