It will be hard to call exactly where this recession exactly ended until we get further out to the other side and we really don't know what new economy will end up looking like 4% growth?
that would be an end but still not too rosy-Let us hope for better
As far as the market is concerned I believe we are now past the point
we came in but did not break even in the face of technicians documenting the head and shoulders pattern that was to return us to the march lows. Did not occur sorry boys back to the drawing board-And one thing you really have to like is almost everyday last week we started down but ended up and there was a tremendous amount of data supporting that we have turned
Factories getting restarted-housing and permits-unemployment- and earning on balance came strong-There is no way the last one can cooperate fully we are in what I will call a new "bullish" era where you need to buy quality or do your homework and have solid reasons for what you decide to buy not everything will appreciate. the earning that comes next week is industrial and
material we will be looking for hope in the following quarter to reenforce our estimations
we expect a moderate pullback this week we believe should be bought selectively
and drop an email chrgr06@yahoo.com to schedule
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