A small sign of bullishness, but.... PDF Print E-mail
Written by Gary B. Smith   
Sunday, 16 May 2010 13:38

If you're a bull looking for a silver lining, than look no further than the last 30 minutes on Friday.  From truly awful levels, the Dow rallied about 100 points to finish somewhere near the middle of its range.  That's the good news.

The bad news?  A gap down opening and then weakness from there, pretty much gives the bears a big edge.

A small sign of bullishness, but....

The week ahead?  My guess is we bounce around right at these levels with neither bull nor bear getting a clear advantage.  In other words: pure annoyance!