Tuesday, May 5, 2009

How Am I Doing - Parte Cuatro

"The markets will slowly improve over the next few weeks, into late April or early May. Then there will be a major pull back that will last until mid-summer. Then in late July or early August, the real market recovery will begin." That was my bold prediction in the third week of March.It is now early May and the market has had a wonderful run for the last few weeks. Some analysts say a bull market has started. Others say it is a suckers bear market rally. Personally, I think the economic recovery has begun but the market is going to pull back in the next few weeks as some traders take some well earned profits. The real bull may start snorting in June instead of July but there should be a pull back here. (Of course, this is a prediction where I'll gladly be wrong.)

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