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Friday, June 11, 2010 1:02:19 AM
On another note this is interesting news:
http://www.nytimes.com/2010/06/10/business/energy-environment/10gates.html?src=me&ref=business
Lastly, the fellow math wizards that I hang out with charting the markets and I have come to the conclusion that today was most likely the turning point back to a bull market. Indicators are screaming that we have turned the corner, so unless the bears pull off a miracle 7% dive tomorrow, they are toast for now! Today was an all time up volume buy record, just after an all time sell volume record a few days ago. Still need confirmation in the days ahead, but one of my knife catches last week (geothermal power company, HTM) blew up 25% today, in one day, on multi milion share volume, and then went into orbit after hours!
So, though I was getting a bit worried about the markets in general recently, I am back on feet screaming bull market again! LOL.
I tried to get some of those rare cheap shares again here yesterday, but they are limited edition, RARE species!!!
I would not be surprised to us jump over .20 this month here, with no news! With news, well you know the story there.
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