Mama Said There Would be Weeks Like This

Whoa-a! Up 10.7% on the S&P in a week to 757. Now that's a bear market rally if I have ever seen one.

A leaked internal memo from Citi and some decent retail numbers (I'll take a look at the MW numbers from the interest list), given the expectations, all lead to a major money making opportunity.

The only problem is that the average person, and hedge fund for that matter, was probably on the side line in most cash given the fear of the last several months. It looks like an excellent example of even though things may go lower still, one needs to have some money invested, or risk being left out of the party altogether.

Stocks can get "too cheap". And when they do, we need to start investing a little bit, knowing that things could still go down, but that there will also be opportunities like last week. A lot of companies in consumer land, for example, were up 30+%!

I look forward to getting back at it, as well as hearing from you! Vacay is over.

-2outof4