Stock on Stock: Up-ward trend is in the offing

Thursday, June 10, 2010

Up-ward trend is in the offing

A little knee jerk reaction yesterday just to trap some bears. Positive report on economic activity in China should fling the overall market to a nice level today. There was a solid jump off the S&P support level after King Ben spoke on Tuesday and here is the line for the day: We will not visit that support level again for a long long time. Dow 12,000 here we come, even if it takes awhile to get our footing. (Young bulls do not run far from there mothers, util they get their legs} You can quote me on that.

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