Monday, June 1, 2009

Breaking News - Bulls Stomp Bears!

Once again, the bulls have resumed their stomping ways. On the same day that the largest bankruptcy in the world has taken place, the market is up and away. While this has left many professors and negative-nellies scratching their heads, others have realized that the game is stacked. You can't lose, when the government climbs into the bullpen.

Anyway, natural gas has resumed it's climb higher after taking a two week hiatus and (upside) panic is starting to settle into the stock market. People have been left out of the rally, there hasn't been a 30% pullback and mutual fund and hedge fund managers are looking pretty stupid right now. Stories about the end-of-the-world and coffin-humping only convince your partners for a while. After a while, you start to look stupid. When the market is up 30-40% and you missed it, it's your head on the chopping block. That's the cold reality of money management.

Folks, this is Johnny Newsmaker signing off. We now return you to your regularly scheduled programming… "When Bulls Attack Part 2" only on Ranting-TV…