Monday, June 23, 2008

Summer Rally is coming to town?

"You'd better watch out
You'd better not cry

You'd better not pout

I'm telling you why"

That is just a gut feel as of now, I keep a close eye on daily market action, don't see anything, but doom and gloom all over the places ( not counting ridiculous oil/commodities related bubble )...I'd say too much doom and gloom.

It is just a hitch, but I think that within from few days to few weeks, closer to mid July we will see sustainable rally attempt led by financial and homebuilders.
To be continued...
Image from Wikipedia