Nearing or at Highs
Filed Under Market Commentary |
You know, listening to MSM you’d think that the economy is in the tank. Russell 2k at all time highs, Dow nearing a 5 year high…blah/blah…and the sky is falling? It goes to show you that you should believe half of what you see and none of what you hear. They are filling the nation with doom and gloom, wage growth, jobs of lower quality…I just don’t buy it. We have record home ownership and our stock market averages nearing all time highs. It really is beyond me how MSM can report such negative news! Oh well, bull market climbs a wall of worry.
Performance numbers aren’t in front of me…NETL really killed me today.
I’ll try to get those out either tomorrow or Saturday. I think I will only do performance #s for my buy list.
So if you think the sky is falling, you may want to stop drinking the MSM’s Kool-Aid.
MktSpec
Last 5 posts in Market Commentary
- Resistance is Proving to be Too Great for Major Indexes - August 19th, 2008
- Stocks Reversed from Highs in Lackluster Trade - August 16th, 2008
- Low Volume Rally as NASDAQ Retakes a Key Moving Average - August 15th, 2008
- We Are Severely Overbought and the Global Slowdown is Beginning to Show its Face - August 13th, 2008
- Proceeding With Caution, This Market is Shaky at Best - August 12th, 2008
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Hey, buddy. I had no clue you had your own blog. I will put a link up on my site so that others can link to your blog if they want to.
I have read your entries and am very impressed. Keep at it bro.
Very nice blog!