Tuesday, June 2, 2009

Inflation

looks like inflation concerns are starting to surface (bonds down & gold up). the implications for stocks are not clear for the short term. long term big inflation will produce dow 60,000 in 15 years. i know it sounds crazy, but it has happened before.

stocks for now have very little to do with fundamentals. all technical. there are times when fundamentals are the key, but for now it is technicals and the trend is your friend.

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