The market is in bull mode....I THINK.
Last week the rising dollar AND rising precious metals/miners mixed with a sharp downturn in the indices is very telling that something big is brewing.
Get long the metals and miners.
February's lows need to hold in the S&P for this broad market to be "bull" otherwise under S&P 1040, expect a lot of selling and the resumption of the bear.
Regardless, metals and miners are in bull mode.
I think Bernanke has in fact avoided a deflationary depression.
Monday, May 10, 2010
Subscribe to:
Posts (Atom)
