join the mailing list
* indicates required

Thursday, July 23, 2009

Smells Like Market Euphoria

Huge move up today, but don't trust it. The market is bullish and must be given the benefit of the doubt. You'd be wise to trim some market positions and take a bit of profit. It's very likely we'll sell most of this run up off in the next few days.

Don't forget the broadening top/megaphone out there. We're close to it and in a euphoric state. That's dangerous.

0 comments:

join the mailing list
* indicates required

Dredd Recommended Reading

About This Blog

The Dredd Market Report is a guide targeting new investors with education and techniques for protecting and growing their wealth in turbulent times.

Nothing on this blog is a recommendation or solicitation to buy or sell securities, futures or other investments.

Debt Clock

  © Blogger templates The Professional Template by Ourblogtemplates.com 2008

Back to TOP