OTOT
Al,
This market IMO is setting itself up for a strong rally. The employment number on FRI was the key, inflation non-existent for now. This website is great IMO, as you all know. S&P 500 looks especially strong. It is updated for today.
securitytrader.com
Here is list of breakouts and possible breakouts; one could buy a handful of these and profit wisely over the ST, IMO. As Byron Wein said, "Only fools are in this market and the greater fools are on the sidelines" (paraphrased). Say what you want about the internuts, the party is not over yet and they always rally into earnings. I am not over exposed to them, but do own some and not too worried about it. I am only long NTAP, FWIW.
MSPG YHOO INKT NTAP TLAB
Regards,
MileHigh
"Buyer Beware, Caveat Emptor"
PS- We can keep fightin' if you want, I love a good fight! <gg> Also, RMBS chart is looking better ST, it could be squeezing the shorts slowly but surely.... |