Tuesday, November 14, 2006

Insane

Bulletin: This market has gone insane. That being said I am currently thrilled. That being said, I have to say, once again, how can this continue? Just because we are heading to year end? Is there still more money to come flowing in? Was today mostly short covering? It appears to me because the rally occurred near days end that this move was mainly short covering, which is okay on one hand, but certainly not great considering how far we have come without any sell off. A mild sell off a while back would of been healthy. How this strong momentum can continue I don't see. But you never know. I am staying with what I got through year end and will be doing some trimming next year.

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