Wednesday, June 15, 2005

IT IS HARD TO HOLD A GOOD MARKET DOWN!

Earlier today, when the price of oil was up $1.44 per barrel, the Dow was only down 25 points. Here it is late in the trading day and the Dow is down only 5 points. This market wants to go up!

Final passage of an energy bill is probably 2 months away. Will the Fed stop raising rates before then? This market may have broken to new highs before the bill is passed.

BUY THE BULL!

0 comments: