Thursday, June 18, 2009
We're back......
After a brief hiatus, we're back and better than ever. XTXI ran from 1.69 to the $5 range before pulling back a bit. BAC rose from the dead, litterally. The DOW is back over 8k points. Nationali-what? Speaking of which, what ever happened to those stress-tests anyway? You have to love this wonderful stock market of ours. How could you not? If you're a historian, or a math wize, good with numbers, blah-blah-blah. You can make a small fortune in this game. History seems to always repeat itself in this industry. C'mon, be honest. You knew BAC would run back to the double digits didn't you? FWLT down in the teens, yeah right? CBI, Chicago Bridge and Iron in the fives? No way! You see folks, Uncle Sam isn't that bad of a guy after all... Every 20-30 years or so he gives you a shot to make some serious paper. I'm not saying the rally is over, no, no, no... Many a chances are still out to be had. But boy, if you missed this past rally, shame on you!
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