Wednesday, March 30, 2005

SUCKERS FLOCK, STOCKS ROCK

News that 22 billions went into stock mutual funds last month, up from about 9 billion the prior month, explains a lot about today's rally.

WHEN THE SUCKERS FLOCK, STOCKS ROCK.....

But is it real? No. Of course not. These are the last days of the quarter and a lot of "window dressing" was going on.... But also there is the need to keep mom and pop "in the game" at least until the April 15 tax day.....

There is a very strong possibility of a big drop after May 1st. This year~~ sell in May and go away~~ could be very true.....given the macro-economic environment.