8/15/2006

Data driven bounce

  • The data driven bounce might have some leg as it is coinciding with options expiration period.
  • The inflation bulls are in hiding today. Soon we will hear the "D" word as the worst case scenario.
  • Oil stocks and commodities stocks have been unable to put any meaningful rally despite factors in their favor.
  • Broadband , telecommunication, internet advertising will lead the next bull move.

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