How I See The Market

Market seems to be vasilating, up and down, and even moving sideways for some stocks.  Next week is going to be challenging.  Obama seems to be vacillating on what to do with the prisoners on the natural resort island of Cuba.  Iran continues to tell the world that we interferred in their elections.  Of course, that would be ridiculous with Obama as President.

So what do we expect next week.  I think you will see the market moving slightly as unemployment continues to rise even in the face of rising incomes for those employed.

Don't expect any saving grace for mortgage rates.  Yes, there are some places in the midwest where we enjoy fairly low interst rates but the case continues to be one of devastation on either coast or around Arizona or Nevada. 

My long time friend who used to be the broker for my present company says the north shore of Chicago, where she moved, is dead in the water.  People are bailing out of the business.  I'm thankful that I'm selling real estate here in the midwest where I'm averaging a sale every two weeks!!!