Summer Rally 05/08/2009
 

The summer rally is on.  The weather is nice and the news is "less bad".  There's a whole lot more bad news that needs to come out before this rally can last.  Look at the Dow Jones chart since mid-March.  There's no way we don't re-test 7000 - 7500 again.  This euphoria might last through summer, but make sure you take some profits before it starts getting cold.  Oil stocks are still okay.

Read more here.

 


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