Tuesday, April 12, 2005
Whipsaw
The Fed minutes came out at first the SPX lost two more points and then moved a little higher. This is tough to read but belies the fear that exists.
Before you totally give up realize that huge rallies often start when things look lousy. I am not predicting a rally here but I am positioned to catch a chunk of one if it comes.
Before you totally give up realize that huge rallies often start when things look lousy. I am not predicting a rally here but I am positioned to catch a chunk of one if it comes.
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