Thursday, March 31, 2005

STOCKS STILL A SUCKERS BET.....?

Frankly this looks more like a top than a bottom....? I won't touch this market until the NYSE is making 300 new lows everyday.... And 600 to 800 new daily lows might be an excellent buying opportunity. Today we have a suckers market with a whole lot of distribution going on. I am expecting a serious downside breakout after May first when the pension fund suckers are all in at the tops....which by the way are being nicely maintained now by the Market Masters....