Thursday, June 15, 2006

Bernanke Bulls--holy cow

Fed chair Bernanke comments set off the running of the bulls. It is amazing and yet typical of the market for sentiment to turn on a dime. VIX, the volatility index collapses as the market rallies.

Some other stocks I resist buying are CAL, MER, DCX. Several of the stocks I dumped this week and last week have rallied since I sold. That is the way of the world, lots of sellers create bottoms, lots of buyers create tops. I can move forward to new trades.

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