April 30th And All Is Well - Ha!
By Phil Davis: Is this time going to be different?Sure, why not? Don't let the fact that we had pretty nasty sell-offs the last 4 Mays dissuade you from being gung-ho bullish into this one - after all - it takes bulls and bears to make a market, doesn't it?We've been prone to focusing on the negative lately - mostly because the positive is pretty much all you hear in the Corporate Media and we like to have balance. If they were too bearish, I'd make a bullish case but this weekend we focused on "Money, Power and Wall Street," and the deteriorating Global situation, which got no better this morning with Spain's -0.3% GDP Report, Eurozone Inflation above forecasts at 2.6%, the S&P downgrading 16 Spanish Banks, California's Tax Collections are running 26% behind schedule, gasoline is hitting record highs in Europe while Business Investment in Europe drops BELOW theComplete Story »
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