Above Dow 15K we close!

The drumbeat continues. The US economy is improving because the media says so. Notwithstanding the fact that many of the macro numbers released this past month have not said so. Global growth must improve too, recent countries where rates got cut are India and Australia. And they are saying that Europe has bottomed. I guess I was early about the bullishness being over. But right on the Apple call, though I didn’t hold it long enough. So let me make another one. The summer is going to be painfully slow for traders. Go and enjoy the weather instead.

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