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Tag Archives: Nippon Tel & Tel

Working on a Top

Today’s stock market rally continues to follow our script remarkably well. We’ve told you for the past several weeks that the market was setting up for a top between late June and mid-July (maybe the third week of July at the latest).

June 17, 2005

Frisky! Stock buyers got a little more daring this week and ignored a jump in oil to push the S&P index up to its best Friday close since early March. We were hoping for a bit more of a pullback so that some of you folks who are underinvested could buy stocks at more favorable prices, but so far no luck.