Sunday, May 13, 2007

Market Advance Looking Tired

What I'm hearing now is that the market is extended and getting tired. Risk is increasing. Even though it's still going up, a correction is getting more and more likely to happen soon.

But the other part of the message I hear is is that afterward, things still look pretty good for the rest of the year.

And the consensus continues to be that the best opportunities are in big multinational companies, foreign companies, and high tech.

Labels: ,