Saturday, June 2, 2007

Breakouts everywhere

There are breakouts from sideways consolidations everywhere around the globe right now. Investors need to ignore all the negative "BS" that the markets are "tired" and need a rest, etc., etc. This is not to say that next week things couldn't turn around on a dime. There could be a major terrorist act, natural disaster, major political plunder or any number of things that could influence the markets. However you can't invest on what might happen. The best we can do is trade on what is happening. Right now the markets of the world are trying to tell anyone who's listening that they want to go higher. Don't be afraid to listen to what they are saying.