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The Wall Street pros are in the process of moving their money around in anticipation of a crashing economy. They will bid up financial stocks, hoping for more rate cuts. And they’re going to butcher the stocks that are dependent on spending by the middle class and the working poor.

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ECONOMIC / ECONOMIC CALENDAR

*** ECONOMIC CALENDAR *** 10/21/2007 01:30 AUS 3Q Producer Price Index na 2.3% * 10/22/2007 07:00 JPN September Convenience Store Sales y/y na -0.1% * 10/22/2007 08:00 EU December Euro-zone Budget Deficit na na * 10/22/2007 10:00 EU December Euro-zone Government Debt na na * 10/23/2007 01:00 AUS October DEWR Skilled Vacancies m/m na 0.1% * 10/23/2007 01:30 AUS 3Q Consumer Prices y/y 2.1% 2.1% * 10/23/2007 09:00 EU August Industrial New Orders y/y na 10.9% * 10/23/2007 10:00 UK October Quarterly CBI Industrial Trends na na * 10/23/2007 12:30 CA August Retail Sales m/m 0.5% -0.8% * 10/23/2007 14:00 US October Richmond Fed Manufacturing Index na 14 * 10/23/2007 21:00 US October 21 ABC Consumer Confidence na na * 10/23/2007 23:50 JPN September Merchandise Trade Balance na 1144.9 B Yen * 10/24/2007 08:00 EU August Euro-zone Current Account na 3.3 B * 10/24/2007 08:00 EU October PMI Manufacturing na 53.2 * 10/24/2007 08:00 EU October PMI Services na 54.2 * 10/24/2007 08:00 EU October PMI Composite na 54.7 * 10/24/2007 11:00 US October 19 MBA Mortgage Applications na na * 10/24/2007 14:00 US September Existing Home Sales 5.3 M 5.5 M * 10/24/2007 20:00 NZ October 24 RBNZ Official Cash Rate 8.25% 8.25% * 10/24/2007 23:50 JPN October MoF Foreign Net Stocks and Bonds Investment na na * 10/25/2007 00:00 AUS August Conference Board Leading Index na 0.3% * 10/25/2007 08:00 EU October IFO: Business Climate na 104.2 * 10/25/2007 08:00 EU October IFO: Current Assessment na 109.9 * 10/25/2007 08:00 EU October IFO: Expectations na 98.7 * 10/25/2007 08:30 UK September BBA Loans for House Purchase na 61,051 * 10/25/2007 12:30 US October 20 Initial Jobless Claims na na * 10/25/2007 12:30 US October 13 Continuing Jobless Claims na na * 10/25/2007 12:30 US September Durable Goods Orders 1.4% -4.9% * 10/25/2007 14:00 US September Help Wanted Index na 23 * 10/25/2007 20:00 NZ September NZ Tax Receipts na na * 10/25/2007 23:30 JPN September National CPI na -0.2% * 10/25/2007 23:30 JPN September Industrial Production y/y na 4.4% * 10/26/2007 06:10 EU Germany November GfK Consumer Confidence survey na 6.8 * 10/26/2007 08:00 EU September Euro-zone M3 y/y na 11.6% * 10/26/2007 12:30 CA October Business Conditins Orders na 6.0 * 10/26/2007 14:00 US October University of Michigan Confidence 82.5

RECOMMENDED
STOCKS

You need to have a portfolio of solid stocks.
Believe me, you will not want to miss these profit-making opportunities. Check out my top three picks and start making money from these winners.
Top Three Picks !!!
BAC--Bank of America
GE--General Electric
JNJ--Johnson & Johnson

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