The Market's Not that Nasty
All day today I wanted to be bearish. I read Doug's columns and I found them very persuasive. Plus, I can't say I am crazy about a set-up based on various short squeezes all over the place like the ones in the cloud and the ones in semiconductors, although they sure passed by Broadcom (BRCM).
But I keep coming back to how broad based this whole rally is. I keep thinking, like my friend and colleague at TheStreet Matt Horween, that we may be just forming a gigantic, well-rounded base. As he just pointed out to me, we have not really surged if you look at a long-term monthly chart....380 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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