NASDAQ Composite Index (COMP)

[ilovedastock]

Thanks! I hope to provide a little more competition in June! I see June as being very hard to guess - a real turning point here, me thinks. I see lots of bearishness out there (and that would normally make me bullish, a "wall of worry"), but the bearishness I see is very much of a fair-weather type - ready to turn bullish on a dime - a bull in bear clothing, if you will - and that is not good, IMO. I believe this recent upturn to be a huge bull trap to catch all the "fair weather" money. Briefing.com had a comment today regarding the recent run as fund managers chasing returns for their quarter ending 6/30 and there may be something to that, but the lack of volume makes large institutional participation doubtful.

Sorry for rambling, but I thought I would share a little regarding my market view.