Cash Flow RALLY: PAYDAY 3 day RALLY AND Relief Rally after Fed Tuesday = Return of the Bull Market. As you point out Howie, implicitly, we all know there is a LOT of money sitting on the sidelines waiting for the Fed Greenspammers to raise the Fed rates 25 or even 50 basis points (.50%), which is already figured into the market prices thus far, and everyone will say, so what...what a relief, and the bigger RELIEF rally will start, however, this is the 2nd week of May, that means for some PAYDAY and there is no better place to put that money than into the MARKET at these low bargain basement prices for techs like CSCO. This explains in part Thrusday, Friday (Today) and Monday, as well as the low inflation indicator of the benign PPI today. Where else can you make 5-10% A DAY on your money?
I am,
Truly your$,
-Crystal Ball |
