The bears have had chances to take the market down, but the market has held up. Now we are approaching month end, with 401k adds coming. Folks are more upbeat about the economy, too.
I remain 100% long.
I'm wondering what will happen to interest rates and the bond market down the road. Not today's worry. But soon.
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On my way back from a local Indian casino. Not nearly as many folks out gambling. I know it's a Wednesday night, but it used to be more crowded. Maybe folks are dealing with new car payments after getting cash for their clunkers!
Wednesday, August 26, 2009
Here Comes Month-End
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