the market is up big this morning, but I have my doubts. If it is up big then people expect it to be up bigger.
1) Watch GS, if that sucker can be over plus 5 then I think we got something. 2) If Gold can stay about $10/ounce then we got some strength in commodities.
On an individual basis stocks should outperform their indices so buy individual issues/short index?
Remember the reason, at least from my perspective, the market was down heavy was because of Ford and GM. The market can reverse on a differing perspective of that.
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