Friday, August 15, 2008

Summer Rally

I've gotta' continue to buy into this NASDAQ rally if it breaks through 2550, about 4% from here, on good volume then it's for real and the train will leave the station. For now continue to look for good technology and biotech names, watch financials closely, keep stops tight and ride what seems to be a legitimate summer rally.

Positive market moves, with conviction, will take even poor economic news and make it moot. The stock market will always tell you what is happening with the economy before the "experts" do.

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