Markets gave another JOLT to naysayers by CLIMBING UP against all ODDS.
Markets did NOT need permission or approval from Cramer,Gartner,Fast money...who ALL INSISTED that it ALWAYS takes 3 weeks for markets to TURN.
How about EXACTLY 3 days............
Cramer still talking from both END...........both makes BAD predictions.
Eric Bolling......Please do NOT announce your conclusions about Market DIRECTION......you are a good TREND trader who must change course 10 times in a day...and you are RIGHT 3 times only.................
I am sad that Cramer & Fast money are making Market predictions to a VAST audience ...without doing any HOMEWORK......how many times they have to be WRONG....they are batting 10/10 on the WRONG side.
Markets are fine and will stay FINE.....
Bonds will do what it NEEDS to do.......
Stock markets are in a BULL mode.....corrections are healthy as we march further UP.
We had more than 2 to 1 ratio of advance over decline...a pretty healthy & convincing FIRST day turnaround............which reinforces BULL strength.
I will be posting on saturday list of technically STRONG stocks as usual.
Please continue to do your own due diligence over the weekend.
BLOG does not give buy or sell.
Enjoy a well deserved weekend REST.
Saleem
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