Wednesday, October 26, 2011

Wed 10.26.11

Forget the noise and look to jobs if you want to see this economy flourish. I still believe Europe's problems will eventually take the US Dow back down into the 10,000's, but I'm all for this bullishness that we are seeing in the US markets.....my problem is that this smells like a bear rally, and not a bull rally, but only time will tell. There's a lot of excess liquidity out there and some investors are willing to take a chance as the so-called "safe havens" are yielding practically nothing, but once again I'd be wary....


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