Thursday, July 07, 2005

Market Letter

Could fear run anymore rampant this morning? We got the perfectshakeout today to force the weak shareholders to sell. Deamnd isabout to outstrip supply in the market, causing prices to rise. Nowthe employment report could change all that but how much worse canthenews get? Oil over $60, rates still rising, London Terrorist Attack,and anything else you read about. The market signaled today that thejobs report tomorrow will come in to their liking no matter what thatis. The market likes to climb a wall of worry. Uncertainty it hates.

If I'm correct in my assumptions, I suggest you're ready with yourbuylist if the job data is to the markets liking.
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