Well since I last posted the market has been on quite a tear with the DOW and TSX gaining around 1000 points each with a few blips in between. The question now is will the markets take a breather and correct back down or will they just do a slight pullback then carry on higher ? That is the trillion dollar question on everyone's mind. So many factors, so many political interjections as well as market interjections to keep things positive.
I am leaning to the "slight pullback camp" as there is some, I repeat "some" talk of signs that the markets are bottoming as less bad news is coming out which is always a positive signal.
We also have the "spring fling" effect to make cash before summer but in the end I think it will be based on the employment numbers. If they can show a slowdown effect then this market may head higher as much as the TA charts are screaming at me to short some overbought stocks like Apple and a few others.
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