Friday, October 20, 2006

Still the Same

This markets strength continues. What is going to stop it? Could be the fed next week, could be the dems taking control of congress. It will be something and the longer we go without a decent pullback the more worried I am that we are going to get a major selloff. I again, don't understand where the buyers are coming from. It makes no sense, economy should be slowing, many company's didn't report a good quarter and lowered guidance, there should be more earnings problems in the future, yet someone out there is plowing money into this market. The only way this continues is if we get the soft landing senario, the goldilocks economy.

0 Comments:

Post a Comment

<< Home