The market continues to surge higher as the bears rush furiously to find excuses why this move is not based on reality, cannot continue much longer, and/or is all a part of a grand manipulation by the Government and Goldman Sachs.
While this nonsensical rhetoric goes back and forth - the markets continue to look fantastic!
The NASDAQ is getting crushed after hours with less than stellar earnings by Microsoft (MSFT) & Amazon (AMZN). Most likely the markets WILL dip tomorrow morning which for the savvy investor will provide a BUYING OPPORTUNITY.
We want to give a shoutout to Mr. James Cramer who has since March said that the upside potential is very great and the move up is REAL. Critics try to knock him down every chance they get but in all honesty...He is a standup guy, intelligent, and most importantly - has called this market correctly this year.
Trade well,
Trader D
p.s. STAR beat by .03 after the close and is looking DOWN about 2.5%. Let's give it a chance.
Thursday, July 23, 2009
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