5.13.2008

Falling VIX..



Funny how the market is feeling better, and running stocks once again... Are we out of the woods? Is it safe to be fully invested once again? If you bought X at $170, I would be nervous. Did you buy GOOG at $600? Or what about FSLR today, at $300 per share? Man, seems like another correction is due... What will be the catalyst, I am not sure... How about, summer slowdown, earnings season over, the stock is fully valued, the consumer pays $4 per gallon and can't afford to purchase a share..just to name a few..lol..

Comments from a bear today...
"I simply find the potential for a breakout too disturbing, and the reluctance of the market to fall, no matter what the news." - gotta be getting close to a top, be carful...

tb

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