Happy Days are Here Again…

Dow 10 Million!  Almost sounds like Year 2000!  Wow, it’s seems that the recovery is real and the recession is over now that we’ve hit 10,000.  Do you feel any richer today, then yesterday?  Boy… I sure do!

Well, I said several weeks ago that I believed we’d close that gap from 2008.  . . . → Read More: Happy Days are Here Again…

In the Eye of a Hurricane…

Today was yet another flat day, as everyone is waiting on earnings to be announced.  It feels like we have been in the eye of a hurricane, and we’re slowly moving out of it, only to move back into the storm!  Will the market survive?  Only the next few days will tell.

I . . . → Read More: In the Eye of a Hurricane…

Sitting on the line…

I mentioned that 107.65 spy was an important “line in sand” on a closing bias.  It closed today at 107.68!  Not a decisive break by any means.  Just sitting right on the line.  Not much else to say today.  It went as I expected.  I also expect tomorrow to be a repeat of today… . . . → Read More: Sitting on the line…

Weekend Update…

Here we sit at line in the sand. With just a few points away from an extremely important closing price of 107.65 on the spy, it seems that the Bulls might just have the juice left to get there? Monday is Columbus day, and many traders will be gone. Plus, there is NO . . . → Read More: Weekend Update…