Sunday, April 22, 2007

Dow May Hit 13,000

Looks like the market should stay in rally mode this week and we might see the Dow hit 13,000! There is a lot of optimism going around right now and solar remains hot. SOLF looks poised to move above $16 tomorrow and TSL looks ready to cross into the $60 range again. This is where it's at and more and more investors will jumping on driving the price higher. In all of this madness, the biotechs have been cooling and losing ground all the while. This is normally a sign to get in before the enthusiasm shifts back over to the biotechs. It might not happen this week as I think solar will reign, but cheap prices are available and stocks such as DNDN will begin to move higher when we enter May. Let's see how the week starts off tomorrow, good luck to all.

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