Tuesday, June 15, 2010

Looking Bullish

If I had to choose sides for the rest of the week, I would pick the long side.  I don't think we'll go up much, but I do expect it to be up.  There is bad news fatigue and news like yesterday's Greece downgrade no longer have legs.  Just like it takes time for the bulls to become bears, it takes time for the bears to become bulls.  We are still in that transition stage from bears to bulls.

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