Where are we heading?

We rebounded as I mentioned in the last post. Ignore the last candle cause I was running real time charts and DOW was open while typing this entry. DOW rebounded at the 150 MA instead of the 200 MA I mentioned. It really volatile now and it's quite difficult to give a call especially when it is in MAY. Right now I see is a bullish sign upwards, however volumes are decreasing. There is still not much people buying as probably again the shock from Europe's problem. Gold is surging as investors are trying to hedge over stocks and Euro dollars? Euro dollars is dropping like mad as many like George Soros are shorting the Euro dollars. Euro dollars is doomed?

It's the end of dividend giving stocks. So what's to invest is in companies with good profits and strong cash flow.

Hopefully this is not a slow bleed of stocks. It will really defeat the purpose of buy and hold.