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Richard's Remarks

 

I've just read through a giant pile of various advisory reports, and after I've finished reading them, I'll swear that I'm no wiser.

 

I'm going to make it as easy as I can -- I'm sticking to my original thesis that I'll stay bullish as long as the Dow remains bullish.

 

So let's see. Below I've posted the D-J Industrial Average, and as you can see, the Dow yesterday bounced off and closed slightly above its 50-day moving average. This puts the Dow bullishly above both of its moving averages. That's all I have to know this morning.

 

 

 

Recently, I listed six items that bothered me about this market. They may have bothered me, but they didn't frighten the stock market.

 

We're now moving in on the time when the debt ceiling takes prominence. In fact, every day now becomes critical. The market's reaction -- "They won't let it happen: the US will never ... Log in or subscribe to continue reading.


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