Wednesday, June 14, 2006

AMAZING RALLY...BUT WHO CARES...

The spring sucker flush may be over... Stocks have achieved a bit of normalcy. And the animal spirits of the last few months are gone...

Gold is just another losing investment....

Bonds are punk...

Brokerages report a lack of interest by the retail investor...

THE DOG DAYS OF SUMMER WILL FOLLOW THE SUCKER FLUSH...AS NIGHT FOLLOWS DAY...

Chances are this is a no-where market till Labor Day... In fact, I suspect that Bernanke would settle for a no-where market...if he had the choice now.