One Blow From Caving In

Do you ever feel, feel so paper thin

Like a house of cards

One blow from caving in

You just gotta ignite the light

Like the Fourth of July

Katy Perry - Firework

It seems like just a week ago that the market was a house of cards, just one blow from caving in, and then...BOOM...Fireworks!

A mix of Greece getting the can kicked a bit further down the road, and some surprisingly strong manufacturing data led the markets to their best week in two years. The S&P 500 was up a resounding 5.6%! What a great way to start a three day weekend. The Fed may have ended their liquidity injection QE2, but that doesn't mean you shouldn't ingest a bit of liquidity this weekend. The world will turn and the issues will still be there come Tuesday, until then relax and enjoy.

Everyone in the pool...especially you Bulls:

Happy 235th America:

Excellent article from Barry Ritholtz in The Washington Post.

It’s been 235 years already? America, it’s time to grow up.

You Are Here:

I always get a kick out of how we humans tend to think the world started with us...you are here.

Happy Fourth!

Be careful out there, and keep the lights on,

Chris Wiles, CFA

412-260-7917

www.rockhavencapital.com

For prior Rockhaven Views visit:

www.rockhavencapmgmt.blogspot.com

This article contains the current opinions of the author but not necessarily those of the Rockhaven Capital Management.  The author’s opinions are subject to change without notice. This article is distributed for informational purposes only. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed.