Tuesday, June 01, 2010

FEARS PERSIST

SPX futures currently -15.60 so we will get a rocky opening, Chinese stocks continue their weakness. "Fears Persist" over the European debt crisis......I guess on the up days fears don't persist.

Solvency and liquidity crisis, not easily solved like the horrible environmental disaster of the oil rig leak, hard to equate these with a bull market,

Insistance from many this is a primary up move, has ways to go......well it will be historical for those should that turn out to be incorrect. There are times it pays to be cautious.

D

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