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Message: Stock market generally

Stock market generally

posted on Mar 03, 2008 04:30PM

I read tons of newsletters and charts and no matter what view you have there is a newsletter or chart that will support you. The reason I write this is I concur with many, including Al, that this does not feel like a true bear market and recession. We have so much bad news around yet the market continues to reject the bearish views by price and by more importantly volume. I believe we are on the cusp of a rally that could take us to new all time highs driven by liquidity creation. Long term (1-2 years) I still remain a bear but for now we seem to want to go higher. As for commodities this is an extremely bullish event as the powers to be continue to manufacture money and lower the base rates. Iread on one web site that toilet paper is a better bet than dollars. Go think!

The contrarian

the dogs body

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