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Monday, July 09, 2007

Bull Run

Just like in Pamplona, the bulls keep running over everyone in their path.

From the look and feel of it, today's session was pretty much a catch-up session for those who were away last week and unable to enjoy the impressive holiday/pre-earnings rally. Momentum movers were aplenty out there - all you need to make money is to play the greater fool theory and jump on board some of the hot movers like TSL, JASO, TASR, JRJC, & HOKU or better yet, let your winners ride. The next key tell will be whether they can take out the highs in the S&P 500 which after today are just a stone throw away.

file sp_500_7_9_07.gif

Tomorrow we can look forward to an afternoon speech by Bernanke and more positioning ahead of earnings reports. See you tomorrow.

Posted by Kirk at 5:45 PM in Review | Bookmark | Feeds | Link |


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