Thursday, June 01, 2006
Corrections
The market is in correction mode. Re-valuating stocks after last weeks extreme action. Google up 3%, Naz up almost 2% (unrealized profit in the futures contract), PARE up from below 30 to almost 40 as the company is updating the market. Metals in free fall as the hot money is withdrawing. Crude staying strong, still above $70. The recent IPO Mastercard (MA) should be bought on any weakness as the stock was way under-priced.
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