Market Comment
Posted on May 01, 2008 at 21:36 PM EDT
The powers that be want you to focus intently on only the news they like. The powers that be remain trigger happy bulls who are playing from the big stack. Therefore, you must yield and accept the spell bulls are putting you under. Hypnosis is a wonderful tool. So, today markets rallied from good news from semis and a sense that the Fed is now going to pause in rate cuts which will in turn cause Uncle Buck to rally and consumers to go on a spending spree. Okay, when I snap my fingers you’ll come out of this trance. Volume was heavy despite what Yahoo/Finance is incapable of calculating and breadth was positive but not a 90/10 day probably. Leave a Reply Overall Rating No Rating 1 2 3 4 5 6 7 8 9 10 setDifference(0); showImages(1); Name Name Mail (will not be published) Email (kept private) Website Website XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong> --> » Post Purchase: Inline Ad
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