Frank Gretz
Frank Gretz
almost category market normal run short week
In the short term, there is really very little that I can see going wrong. Certainly, the market is extended. It's had a very big run and could come down for a week or two. We could have a correction, but you would almost have to put that in the category of a normal correction.
careful damage might tech
I still think there might be damage in some of these tech stocks, so I'd be a little careful there.
cut market positively
On the other hand, the market responded positively to the cut on Thursday.
belief betting danger shoot stocks waiting war
Everyone is waiting for the war on the belief that once it starts, stocks are going to shoot up, but there's a danger in betting with everyone else.
caps included rally seeing small
For the first time, you're seeing a rally where small caps are included as well.
fed global good problem rain rates related time
I don't want to rain on anyone's parade, but I'm a little doubtful. Most of the time when the Fed lowers rates it's good for the market. This time, the problem is related to the global economy.
break downward order potential sell trend
You've got to break out of this downward trend to get higher. Sometimes, in order to do that, you've got to sell off a lot more first. We're just dribbling right now, but there's the potential to go a lot lower.