Based on the markets recent action, I'm beginning to think the recession may not be as bad as some expect and, in fact, could be close to over. There is $3.7 in money market funds right now looking for a home.
I have to admit that I am still very bearish, but you can't ingnore what's happened lately with this rally. I thought we would at least test the 11,100-11,300 area in the DOW before it was over.
Gold near 900
Oil over $100
Biggest financial crisis is a century
Biggest rise in unemply claims in 2 years...........
And we are headed higher...........go figure
I have to admit that I am still very bearish, but you can't ingnore what's happened lately with this rally. I thought we would at least test the 11,100-11,300 area in the DOW before it was over.
Gold near 900
Oil over $100
Biggest financial crisis is a century
Biggest rise in unemply claims in 2 years...........
And we are headed higher...........go figure