" BACK & FORTH" - I BELIEVE THIS MARKET IS GOING HIGHER!!!!

                                                 "THAT'S JUST MY OPINION" - VOL. 47
"BACK & FORTH" released by Aaliyah in 1994! Those of you that are 45 years and younger - listen up!
In 20 years you will be 65 and thinking about retirement. Ask yourself if you are not involved in the stock market - WHAT ARE YOU GOING TO RETIRE ON???
If you were 45 in 1994 - where did the DOW close on December 31st, 1994? Answer 3,834.44.
Where did the DOW close today? Answer- ALL-TIME HIGH CLOSE 16,583.34!!!!!!!!!!!!!!!!!!!
DO THE MATH!!! IF YOU WERE NOT INVOLVED IN THE DOW - YOU MISSED OUT!!!!!!!!!!!!
That's my point - YOU HAVE TO BE INVOLVED!!! IF YOUR NOT - ALL YOU WILL HAVE IS SOCIAL SECURITY!!! GOOD LUCK LIVING ON THAT ALONE!!!!
PEOPLE ASK ME IS IT TOO LATE TO GET INVOLVED IN THE MARKET???
ANSWER - IT'S NEVER TOO LATE AS LONG AS YOU BUY THE CORRECT STOCKS!!!!
    MY WIFE'S AND MY SON'S AND OTHERS - HAVE A PORTFOLIO THAT CONSIST OF STOCKS THAT THE BEST STOCK TRADING BILLIONAIRE'S OWN!!!!!!
REMEMBER - THEY DID NOT BECOME BILLIONAIRE'S BY BUYING THE WRONG STOCKS!!
I WILL GET INTO THEIR PORTFOLIO'S LATER.
SO WHY AM I STILL BULLISH ON THIS MARKET?
THE MAIN REASON IS MOST OF THE PUNDITS ON CNBC, BLOOMBERG, FOX FINANCIAL ARE ON THE AIR TELLING EVERYONE "THE MARKET ACTS TOP HEAVY" - REALLY!!!!!!
"THAT SELL IN MAY AND GO AWAY" - IS ALL NOISE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HERE'S A STAT - THAT NO ONE IS TALKING ABOUT.
       INVESTOR SENTIMENT NUMBERS REVEAL THAT TRADERS ARE:
29.4% - BEARISH
29.8% - BULLISH
40.8% - NEUTRAL
ACCORDING TO HENRY LEE ( HENRYLEE@INVESTORPLACE.COM)
MAYBE IT'S ME - I FIND THIS EXTREMELY BULLISH - I STILL SAY - BY THE END OF JUNE - THE DOW WILL HIT 17,200!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
      IN MY LAST BLOGS - I WARNED YOU ABOUT THE TESLA'S AND THE TWITTER'S - AND ALL THE REST OF THE MOMENTUM STOCKS - THEIR PRICE TO EARNINGS RATIONS - WERE INSANE!!!!!
AT SOME POINT THOSE STOCKS WILL BE OVERSOLD!!!! - BUT I'M NOT SMART ENOUGH TO KNOW WHEN THAT WILL OCCUR - STAY TUNED !!!!!
     IN MY LAST BLOGS - I WARNED YOU ABOUT BANK STOCKS - AGAIN UNTIL I SEE THE 10 YEAR NOTES TRADING ABOVE 3% - I"M NOT INTERESTED IN THE BANK STOCKS!!!
     NOW STAY WITH HERE - THE 10 YEAR NOTES CLOSED @ 2.625%!
WHY ARE THOSE RATES SO LOW? ESPECIALLY WITH THE FED REDUCING BOND PURCHASES EVERY MONTH? PENSION FUNDS - THEY HAVE BEEN BUYING THE US BOND MARKET - THEY ARE TAKING RISK OFF THE TABLE - WHEN THEY ARE FINISHED BUYING BONDS - RATES WILL START TO GO UP!!!!!!!! STAY TUNED!!!!!
    NOW LET'S GET TO THIS WEEK'S ACTION.
THE DOW FOR THE WEEK - HI - 16,622.95
                                              LOW - 16,357.35
                                           CLOSE - 16,583.34    UP 70.45 OR UP 0.43%
NOW LET'S LOOK AT MY WIFE'S, MY SON'S AND OTHERS PORTFOLIO FOR THE WEEK.
DIS - CLOSED @ $81.95 OR UP $1.64 OR UP 2.04%    - THIS IS 20.49% OF ALL HOLDINGS.
AIG - CLOSED @ $52.28 OR DOWN 0.07 CENTS        - THIS IS 21.78% OF ALL HOLDINGS.
THIS STOCK IS A $65 STOCK _ IT NEEDS TO BE BOUGHT!!!!!!
RIG - CLOSED @ $41.74 OR DOWN $1.25                    - THIS IS 12.51% OF ALL HOLDINGS.
BILLIONAIRE - CARL ICAHN OWNS THIS - REPORTED EARNINGS WITH A 42% INCREASE IN THE FIRST QUARTER AND 7% HIGHER REVENUES AND ANNOUNCED IT IS SPINNING OFF 8 OF IT'S UK NORTH SEA MID-WATER DRILLING RIGS - THE SPIN-OFF WILL BE CALLED CALEDONIA OFFSHORE DRILLING.
THIS IS A $ 68 STOCK - IT NEEDS TO BE BOUGHT!!!!!
MU - CLOSED @ $26.84 OR UP 0.53 CENTS                 - THIS IS 11.71% OF ALL HOLDINGS.
THIS IS A $ 40 STOCK IT NEEDS TO BE BOUGHT!!!!!!
SD - CLOSED @ $6.65 OR DOWN 0.16 CENTS            - THIS IS 05.94% OF ALL HOLDINGS.
THIS IS A $12 STOCK - IT NEEDS TO BE BOUGHT!!!
CHK - CLOSED @ $ 29.81 OR UP $ 1.53                       - THIS IS 06.31% OF ALL HOLDINGS.
CARL ICAHN OWNS THIS STOCK - THEY ANNOUNCED PLANS TO SPIN-OFF IT'S OILFIELD SERVICES BUSINESS. IT WILL BE CALLED SEVENTY-SEVEN ENERGY.
THIS IS A $50 STOCK - IT NEEDS TO BE BOUGHT!!!!
JCI - CLOSED @ $44.50 OR DOWN 0.71 CENTS          - THIS IS 06.16% OF ALL HOLDINGS.
WATCH FOR CARL ICAHN TO GET INVOLVED WITH THIS STOCK AND HAVE IT SIN-OFF SOME OF IT'S PARTS!!!!!
THIS IS A $ 55 STOCK - IT NEEDS TO BE BOUGHT!!!!!
FDML - CLOSED @ $ 16.32 OR DOWN $1.18                 - THIS IS 03.10% OF ALL HOLDINGS.
LEE COOPERMAN OWNS THIS STOCK - HE IS CONSIDERED THE BEST STOCK PICKER ON THE PLANET!!!
THIS IS A $ 26 STOCK - IT REALLY NEEDS TO BE BOUGHT!!!!!
NKE - CLOSED @ $ 73.45 OR UP 0.46 CENTS                - THIS IS 09.00% OF ALL HOLDINGS.
THIS IS A $100 STOCK - IT NEEDS TO BE BOUGHT!!!!
GE - CLOSED @ $ 26.42 OR DOWN 0.26 CENTS            - THIS IS 03.00% OF ALL HOLDINGS.
THIS IS A $ 40 DOLLAR STOCK - BUY IT!!!!!!

THANK YOU;
LEN DWELLE
lendwelle@hotmail.com