StayTuned

Twice this week the market DIDNT close at the low for the day which resulted in a bullish aftermath. Should one buy here? I would err on the side of caution. Should one short here? Only stocks related to the domestic economy. But even there I would go light. Just because we are still in a very strong uptrend and possibly "a rising tide lifts all boats" will ring true.

Plus, the subprimes should have ripped a continual bearish path today even on options expiration if this was truly a bearish day. And it didn't so I would say that there could very well be another leg up which could actually bring in retail investors.

And they would be buying the oil and gold sectors. Energy and Gold actually eked out into positive territory today.

So what will next week have in store for us?