Blast Off!!

Tuesday, July 6, 2010, 8:34 AM
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I hope everybody in the US took advantage of the long weekend to get some R&R.  I certainly did, although it was extremely hot here in the northeast.

Last night, stock futures were sinking into the ooze, but then, right at the appointed hour (3 a.m., which is when these things happen) they took off like a rocket and now we are looking at a blast-off open.

For you veteran observers, I call this "Monday," but here it is happening on a Tuesday.  Why?  Because the US markets were closed yesterday, so we get a Monday on a Tuesday.


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