Thursday, April 19, 2012

Which Way Now?

It has not even been a month. After the market hit highs, it has been consolidating lower. Some great stocks have been hit. Good earnings impact for a short time, and then another Pullback.
Consolidation or sell-off to much lower levels? Still have the problem with employment and THE HOUSING MARKET. On top of that, it seems like the European 'Mess' is still playing havoc with the nervous market investors and the 'Punditds' who have been saying to BUY,BUY,BUY! but, next hiccup with any of this and the 'Pundits' yell SELL,SELL,SELL. Caution is the watchword. Ease in a little at a time. We probably won't see a strong move to the upside until this Fall (September)