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Wednesday, November 08, 2006

Political Consternation

Bull1_7After some political consternation, the buyers are coming in and the rally continues. Microsoft (MSFT) is certainly helping us out this afternoon along with expectations that Cisco Systems (CSCO) will have good things to say after the close.

Buyers are focused on gaming, energy, utilities, retail, and tech while healthcare, precious metals, drugs, defense, and home-building are the day's losers. I've been twiddling my thumbs for the vast majority of the day. I'm in no mood to chase this bull stampede. So, what else is new, right?

Posted by Kirk at 2:43 PM in Analysis | Bookmark | Feeds | Link |


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