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Monday, May 10, 2010

European Bailout

One Helluva Round-Trip

Want to know what stocks are going to do?

Forget financial analysis.

It's all about political analysis: on the strength of a European bailout (announced over the weekend), worldwide stocks are going crazy -- this time on the upside.

Personally, as a long-term, buy-and-hold investor (vs. Wall Street trader), it all has me reaching for the Pepto Bismol.

The large size.

Just call it the "Pepto Bismol" stock market
, I suppose . . .

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