Thursday, April 21, 2005

The Big Picture: One day does not a rally make

The Big Picture: One day does not a rally make

Barry is right--one day means nothing. I am still bullish. My time frame is longer than the average investor so it is no big deal if the market resumes its sideways action. I will be on board when the big move comes. The Google earnings were big enough to make one think the stock will at least move to a higher trading range. Google is not the only stock of the quarter to do well. Earnings are strong, interest rates are low and the Fed continues to fight relatively tame inflation. I have backed up the truck and loaded it with stocks. The big move is coming.

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