Friday, May 11, 2007

Late Comment

Today should remove many doubts about this market. The nitpickers might complain about the lower volume today, or the only moderate new highs. Perhaps they might not like that the averages didn't completely erase yesterday's loss. Those points are true, including a nasty turn in the bond market that was unexpected. Its easy to find fault with anything but, the markets moved right back towards new highs, ups numbered downs by more than 3:1, and if you are a great stockpicker (or listen to a great stockpicker) you are chock full of AAPL, OSG, AMX, GS, etc.

Have a great weekend. And if you need a great stockpicker, I know just the one...

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