Friday, December 5, 2008

Stock Market Bulls Push Back on a Down Day

I remain bearish personally, but stock market bulls have pushed back quite forcefully this morning for the second time since the disastrous jobs report a few hours ago. I use these times to take profits and to get ready to sell into the rally when it shows signs of weakness again. Those poor perma-bulls have been getting slaughtered throughout this year. But as they say, "Where's the beef?" Anyone for a steak?