At the beginning of 2009 we were optimistic, but now we are ecstatic!! As of May 31, 2009, the S&P 500 has advanced approximately 16% for the second quarter and nearly 36% since the market low on March 9th. And to top it off we are off to and great start of June.
Yes we are very satisfied with the performance to say the least and we feel this upward trend will continue for quite some time. We are not going to get ahead of ourselves but we do feel the worst is over.
Could it get any better?? We think it will and this could be just the beginning. Time will tell.
We are not going to be unrealistic so we are taking it day by day. We are prepared for a pullback each and everyday and we are overly excited when the market goes up. Right now the bulls are beating the bears. Let’s hope it stays that way for quite some time!!
Posted on
Fri, June 5, 2009
by Mark Simmons