Tuesday, March 24, 2009

Mighty Suspicious


The market has its best one day gain since October 28th of last year and there is suspiciously little volume. Is that an ominous sign? It usually is.
The leaders on the two week move up are all the beaten down issues from the crash. Is this an ominous sign? It usually is-- new rallies that last have new leadership, not the tired names from the last bull market.


Hmmmm.


Frankly, I'm getting punch-drunk.