Thursday, September 28, 2006
Quick Alert: Dip Buyers Out and About
With that being said, I seriously doubt this rally is being sponsored by fund mangers who like to "window dress," at quarters end. If so, then they are crazier than anyone could ever imagine.
Bottom line: The market is going up because Bob Pisani said so.
NETL is heavily reliant upon CSCO and if the channel check look good at CSCO, NETL is likely to beat estimates.
Hey, did you know we were close to a "record close" on the DOW?
It may be fun to see those idiots cheer lead the new DOW high for weeks, if not months.
If we could stay in this trading range until New Year's, we may be able to drive the good folks at CNBC crazy.
Sort of like Ground Hog Day, but real.
And, hey, if not, I've got longs too, including another mystery. CBAK hopped 15+% today, made me happy, but I don't know why. Maybe it's because Lenovo recalled Sony batteries and CBAK may now break into Lenovo.
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