What’s really going on…

Posted on Dec 06, 2015 by in Letters

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464

Thursday the bears hammered the market.  Friday the bulls hammered back.  In what looks like a major way.  Excitement about the Fed raising rates?  Be careful to watch this hand while the magician produces a rabbit on the other hand (that is the famous  "other hand" referenced frequently by all economists).

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