Thursday, July 22, 2010

Economics vs. Earnings

The battle continues. The "Top-Up" money is buying earnings and the "Top-Down" money is selling the economics. This is why we are getting these see-saw market days. The market has not gone anywhere in the last 30 days. We started at 1100 on the S&P500 and we are near there today. The financial media changes their opinion daily with the markets ( nothing new there). So what do you do in this market? We have a pretty good strategy that has worked in the past. Check emails for report.