SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Rat dog micro-cap picks... -- Ignore unavailable to you. Want to Upgrade?


To: Bucky Katt who wrote (29526)4/6/2006 11:10:16 AM
From: Rarebird  Read Replies (2) | Respond to of 48461
 
The Bears have been real good at battling and whining as these markets slowly grind higher. But whenever they have tried to take these markets down in earnest over the past couple of years, they fail. It's not due to any lack of reasons. We got the twin U.S. deficits as the catalyst for an upward surge in interest rates. Another worry is that we are entering into a new era of protectionism. Illegal immigration is permeating the news these days and the cries for the closing our borders is growing louder by the day. Oh, and I forget to mention that the recent rise in crude oil is bolstering the bears' case. If you take a look at what's going on in Nigeria, Iran and Venezuela, is it any wonder that crude oil is only trading at $68? Moreover, many are worried that the Fed will overshoot by raising rates too much as they have been known to do.

So, if everything looks so dark and gloomy, why is the RUT, MID, NYSE Composite Index, Dow Transports, all hitting new all time highs on a regular basis? It must be a little more than just speculation? What is the hidden reason?