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Friday, March 19, 2010

DOW STREAK REACHES 8!



The grind higher continues and everytime the market looks like its about to fall apart buyers emerge which is so characteristic of a bull market. So we are trying for 10,800 today on options expiration day. All kinds of possible headwinds this weekend from our masters in washington deciding how we slaves should be getting healthcare to Greece and a potential rescue. But the market seems to just go on through all o this.


MLPS also straddling around that 305 level and everytime we sell off intraday buyers come back in. So pretty much its the same story until proven otherwise.

No news this morning on the corporate side. No upgrades or downgrades. Energy is down this morning. Stock futures are a little higher. Rates are a little higher as well.

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