Saturday, March 17, 2012

By New Moon in April

This market wants to run. The Fast Money guys were talking about a "wall of money" coming from the bond market to equities. The turn in treasuries has been called by traders for some time now---maybe this is the time.

It feels like it---all my sailors had the wind at their backs all day today. The good ship Portfolio moved 1.06% in a northerly direction. We're heading for Hallelujah Land by new moon in April.

1 comment:

new outlook said...
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