short now, page-11

My take on all this is that we're at a critical crossroad between the fundamentals and the markets right now. We hear a lot of negative criticism about how the Dow should not be as high as where it is right now. For me, I think that denial and suspicion is just a natural phenomenon after such a strong fall. And under all that, we have the financial stocks creeping up from under our noses while we keep talking about gold, iron oar, oil, etc.

The financial sector looks very good and very close to a possible break out. If it does break out then expect the noise from the disbelievers to reach intolerable levels. Just remember this market is full of surprises. I'll be open to any strong direction. I won't winge, I will just react accordingly if this goes up or down. Don't talk - act.