Thursday, March 22, 2007


The bulls are back in the drivers seat. The strength across the board in Asia and Europe has been spectacular.

Initial jobless claims have dropped to a 2 month low.

Motorola dropped a bomb. Apparently the KRZR is not selling well.

Bernanke and company are still worried about growth and inflation. The fact they dropped any hint of rate increases i.e. tightening meant the bulls were off to the races.

I expect today will be another bullish day across the indices. We should be able to carry on from yesterdays momentum and the strength in overseas markets.

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