Indices were +.24% to <.42%>....that is NO correction !!!!!

So bears were all excited to witness their first day in the sun in a long long time....BUT that hope was just that..a hope that never comes true for bear.....

Adami was charged up for drop of 200 points in the Dow...well he missed that number by 159 points.....

Art Cashin was all set to prove to the world that he will right for once....BUT that is not in the cards either....

Joe Terranova was extremely sheepish about his bad bearish bets.....

Jimmy the Cramer is "really getting worried about his short thesis on RIMM"..his short buddies must be doing something for him to be negative about RIMM for the last 2 months on a daily basis.....I am sure him & his short buddies will be "tasered by RIMM Thursday AH"

SO..we did not go down even today when commodities were taking it on the chin & oil was in freefall....even Gold & Silver were weak...US$ was strong......a thesis by Cashin that IF US$ is UP stocks will go DOWN.....so what happened???

What IS happening that FUNDAMENTALS of worldwide economy is getting stronger...thus confidence in INVESTING not trading.....

Most under-invested hedge/mutual funds are allocating cash to stocks.....

BEARS have been harping on BDI????...i almost feel like saying..WHAT is that...never paid attention to BDI rates as an indication of stock market trends.....only time BDI was ever in focus was the built UP to 888 Olympics......??? so please leave this BOGUS BDI alone... they are indicator of nothing as far as economic activity is concerned.....too many ships & too many weak operators...results in dirt cheap BDI rates......

AH Futures are mixed.....

AH Oil is UP

AH Gold is UP

AH CAD is UP

Based on today's tape..expecting a GREEN close on Tuesday....

BLOG does NOT give buy or sell.

Saleem