Markets are showing that it is OK......... with 10 yr yield of UP TO 5.31% so far.
This shows that investing 101 is @ PLAY..................
BULL markets conquer MAJOR setbacks like rising interest rate and moves ON & UP.
Should be a very good day for strong stocks like NMX,RIMM,GOOG,AAPL.....and many other stocks.
Retail sales REFUTES the theory that consumers were ALL CONSUMED after HIKE in Gasoline price............how SIMPLISTIC this theory was.
People are just buying McDonald coffee instead of SBUX..........
Consumers are doing MINOR adjustment in controlling WASTEFUL practices...to DEAL with higher Gasoline prices.
So get your Aggressive BULL hat ON...and do some old-fashioned buying.
Remember BUY LOW & SELL HIGH.
Today's TAPE will be your FRIEND.
Good luck to all.
Do your own DIVERSIFIED due diligence.
BLOG does not give buy or sell.
By the way Cramer has not given you permission to buy any stock yet...so you must not ACT IRRATIONALLY.
Saleem
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