Thursday, November 5, 2009

Confused yet??

This market is wacko...I guess we are rallying today b/c of CSCO, the ability to price the Hyatt IPO, and jobless claims coming at 511k (10k better than expected...) Yesterdays closing hour was so bearish, and then you wake up to find this move, SPUZ up 10?? Remember extreme volatility is a sign of a top or a bottom....being that we are up 60% from the lows....you know what I think this volatility is signaling.
Anyways - have a good day.

JB

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