Tuesday, June 24, 2008

Nice Day For A Rally

The Fed is in session. Bears beware.

We have been awfully close to the lows too and it's end of the quarter. Just something to think about.

I have taken down a lot of risk, into this morning's weakness, and built a war chest of epic proportions. Give me higher prices!

We shall see. The market remains uncomfortably close to the edge of a cliff. Sooner or later it goes over.

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