" no one really thinks that the economy is on the mend do they?..... and given that, they are getting into the stocks that will make money fast so they can get out with more cash than they had in November for when the poop "
Hello Sum, It's been a while since we debated things on this forum. Regarding the above statement, I agree to an extent, but mostly disagree. The economy is not on the mend yet. It is coming though. My point is that the market and economy do not track. The market has been on the upswing for several weeks now, and anyone with a few smarts should be well on their way to recovery of their fortunes. It has not translated down to the commodities as yet, but one can see signs where it is coming and coming fast. Some say it is a false start and the big dump is still to come. I say that the ones with that belief will be the ones that will watch it and wish they had jumped on sooner.
In previous posts I had predicted that things would peak in May and I would be out of here for the summer. I have changed my strategy and am going to stay fully invested in Financials, oil/gas, and commodities (ROF), in that order.
Regards
K