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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (14113)6/22/2009 11:10:59 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 103300
 
I don't usually work with the broader indexes all that much (I prefer to 'pick and choose' my way through the markets...) but I agree with you that "that's it" as far as this Spring's early commodity cycle and financials rally goes.

I expect nothing but chop and a (very roughly) sideways channel for Summer... and into Fall.

By October most of the feints and head-fakes will have played out and we'll move into the main trend --- whatever the Hell that may prove to be. :-)

Both debt and equity markets will pick up the momentum they will trend into 2010 with later on this Fall.

(This, paradoxically, could wind up like last year as a pretty good year for debt --- already has been for junk.)