My 1st Million At 33 – yes, you can do it too

As all of you are aware, today stock market had one of the biggest rally. It was too late yesterday, and I couldn’t make an update. But I thought that Bernanke will give out some candies today, given $US dollar has rallied so far ahead, with plenty of room to take a hit. I am not too sure about the short term picture, nor the intermediate term picture for the general stock market. However, I want to share an article that I received yesterday that may be of interest to you. It’s from Daily Wealth. I’ve been reading this site thru their free email subscription, and their analysis are really good.

This article titled “Substantial Nasdaq Rally Ahead?” (which came out yesterday). And it’s actually the second article that has turned bullish on the NASDAQ. The last article titled “It’s Finally Time to Speculate in Tech Stocks Again” dated on July 6th. I admire their courage in coming out amid the despair in the market to boldly say such a thing. But they may just be right (although I don’t see how it can turn out that way, yet). The sentiments in the market are definitely quite bearish. And I’m giving them credits for being one of the very few sites that have turned bullish.

So, at least after one day, they are right so far. I’m more conservative. I am scared to bet in this market, especially tech. But maybe you want to consider their opinions. Very well-argued, except that emotionally I just cannot be converted yet to a NASDAQ bull.