The bull has finally arrived...a week too late. The CMI will buy the QLD at Monday's open. While I am not here to second guess the CMI, I am not so sure of the timing here. The market looks overbought and there is a Nasdaq gap from a couple of days ago that hasn't been filled. I'll put aside all of the technical analysis and follow the CMI off the cliff. Please, surprise me.
This should be interesting. Could there possibly be another good earnings week?
Sunday, July 19, 2009
Late to the Party
