What's Next
The stock market rally off the bottom last week should last most, if not all, of this week. I expect it to be supported by good earnings reports especially by IBM which I believe will begin to assert itself as a leader for the rest of the year and next. Don’t be fooled by this week’s bounce! I think last week’s lows will be breached later this month. More specific targets and timing later this week. As I posted last week, keep buying all dips in gold, silver and the mining stocks. Chartsmaster
Penafian
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