kaltbaum premarket
Just a short note because I am in travel mode right now and had not much of a chance to look things over. ECB cut rates as expected…heading to 0% just like us. China also cut rates second time in a month….HMMMM! I thought China was the end-all-be-all. Tomorrow…another fake job’s number…yippee. Markets short term overbought…maybe a pullback soon…maybe not. AAPL is working well for service. V still looks fine. Just always wondering why a market gets going because more debt added to fix a problem of debt. But we dont rationalize why. Much improved technicals since the reversal late last Thursday off of the European rescue. Expect more…expect more QE…because they have seen markets like it. Let’s hope this keeps up…where we can find more to play.