UP UP UP

Oil price is up. NYSE price is up. Dow price is up. NASDAQ price is up. RUSS 2K is up. Gold is up. Tech is up. The list is too long to post.

Lets go the other way, t-bill rates down, defensive issues such as consumer staples and drugs are down. Almost every other group is up.

THE BULL IS SNORTING!

A couple of months back, I wrote about how the shorts were like frogs in warm water that is getting hot. When the water is heated up slowly, the frogs will fall asleep until cooked. The amount of money sitting in money market accounts and short term bond funds is incredibly large. The pot is almost ready to boil and this money still sits like a sleeping frog. When the frogs start to jump the BULL will stampede. Are you getting cooked or are you enjoying the bucking bronco ride?