Monday, October 13, 2008

Everyone is being told to sell this rally!

I have been listening to several money managers that are telling their clients to "sell this rally, sell this rally!"

Now since most people are wrong, this could sustain itself for another 75pts to 1050 tomorrow and then sell-off after everyone sold into it and watch it keep going today and tomorrow. Remember, nothing has changed in the economy over this last weekend except that some people think the market was over sold and so we are getting a return to sanity.

Listen to all the financial talking heads tell us that the market is coming back and we are going to get the "good ole days" back soon.

Let's all sing "Kum bai Ya!"

OK, back to your regularly scheduled personal insanity.

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