Tuesday, December 20, 2005

2005 Nearing AN END

Short and sweet, I will be gone week of Dec 21-28th. WIsh all a super holiday and NY.

New lows were double new highs today, this market is sputtering coming into home stretch. Market has been weak last few JAnuary's.

Maybe, it is working OFF overbought condition, with little damage if so for another push PAST 11K, 50/50 chance IMHO.

Bond funds selling off hard that I monitor. OIL may have topped, gold now into hard correction, break of $490 will usher in lower prices, IMHO.

Housing inflation continues, pressure is on FED to keep raising rates, or dollar might fall into black hole.

Easy money been made.


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