Larry Kudlow: "Happen to be right on the money, right on economy, right on prosperity, right on the business, right, right, right, drill, drill, drill..."
Is he speaking about his "orientation"? Right wing? Going in circles for years? Goldilocks 500 times?
I understand, you are going "right", but do you EVER HAPPENED TO "BE CORRECT"?
Let Joe Battipaglia address that:
"So stock market is going to go up in front of rising rates, falling financial, slowing corporate spendings, lay offs, inflation?
YOU ARE OUT OF YOUR MIND"
I am not saying that J.B. is the one to listen to for market direction, just admire that he speaks his mind.
OK...DIA, SPY, QQQQ, IWM are all back to sell into the rallies ( I, personally, staying away from DIA/SPY in any direction due to high financial weighting), watching for good short entry on UNG and will go long USO puts by Friday close.
Wednesday, June 18, 2008
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