Tuesday, June 9, 2009

MARKETS RALLY NEAR TOP OF CURRENT RANGE.

THIS IS A RANGE BOUND MARKET...ALL BETS ARE ON THE COME OUT ROLL...NOTHING IS FOR SURE.

THE LIQUIDITY IS MASSIVE... BUT THE ECONOMY AND MAIN STREET ARE STILL DOWN.

THE RANGE BOUND RALLY MODE COULD LAST FOR THE REST OF THE SUMMER...

BUT, IF AND ONLY IF, THE GOLD AND OIL PPT BASH TRADES CAN HOLD UP...THAT IS REALLY THE KEY TO THE ENTIRE HOUSE OF CARDS...

A LOT OF THE ELTIES MIGHT ALSO BE THINKING OF "DISTRIBUTING" STOCKS TO THE WEAKER HANDS THIS SUMMER...IN HOPES OF A DECLINE IN THE FALL WHEN GRIM ECONOMIC REALITY SHOULD BE MORE APPARENT...