A Great Week

Finally! A great week in the markets. Two more weeks like the last one will pay for my winter in Mexico! My net worth chart is actually heading north for a change. Some day it might actually get back to where it was when all this started. So, have you got that Mr. Dow and Mr. TSE? Two more great weeks! I would even settle for ten more good weeks. Just make sure you finance my winter.

I have a prediction, actually two. One, the market will continue it’s upward trend and the third quarter will be looked back on as the start of the 2009 recovery. Two, what we are seeing now is yet another Dead Cat Bounce and as soon as the Bears come to their senses the market will take another plunge in it's continuing search for the bottom.

No matter which of these scenarios shows itself to be true, I will be able to say I am correct half the time which is better than 90% of the so-called advisers these days. Either way, Quicken looks pretty good and has stopped giving me dire warnings of my vanishing net worth. For now, Life Is Good!