Tuesday, November 2, 2010

D-1

One more day till liftoff.  Get your space suits ready.  There is so much anticipation for tomorrow's report and bulls are the majority now.  It is going to take something spectacular from the FOMC to get this market to buy the news.  Can it be buy the rumor and buy the news?  That would surprise me, most fund managers have gotten short dollars, long commodities, and to a lesser degree, long equities.  I believe commodities will have the biggest selloff on the news. 

1 comment:

Petsamo said...

If the Republicans take the Senate, we could have a decent rally.