Monday, February 8, 2010

Here we go

Its Monday morning - the bulls took a beating last week and are HOPING for reprieve this week. I would submit that the "issues" that are facing the market (sovereign debt - earnings on stimulus steroids) dont just disappear over night - they fester, and they cause angst. It is my opinion that we are in a downtrend so the tape may continue to be unkind, with bottle rocket rallys along the way.

Good luck

JB

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