Posted by marketguy on 2nd of Dec 2010 at 11:42 pm
man, talk about the bears getting their freaking teeth kicked in
the last couple of days....seems like this last move has really put
a stake in the heart of the bears....investor sentiment is
uber-bullish, ISE hitting "record/near record" highs on consecutive
days, good news is good news and bad news is apparently even better
news yet up, up and away we go....hell, even Prechter and McHugh
have been calling for a move higher....sure seems like everyone is
on the same side of the boat at this point but she doesn't seem to
want to relent....
I think the reality of the market, after yet another round of
money printing from the ECB now, this week, is that this market
will be continually propped up going forward as far as
the eye can see.
Its very hard to see where this madness is going to end
IMHO.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
No more bears from what I can see...
Posted by marketguy on 2nd of Dec 2010 at 11:42 pm
man, talk about the bears getting their freaking teeth kicked in the last couple of days....seems like this last move has really put a stake in the heart of the bears....investor sentiment is uber-bullish, ISE hitting "record/near record" highs on consecutive days, good news is good news and bad news is apparently even better news yet up, up and away we go....hell, even Prechter and McHugh have been calling for a move higher....sure seems like everyone is on the same side of the boat at this point but she doesn't seem to want to relent....
I think the reality of
Posted by maxeaus on 3rd of Dec 2010 at 12:44 am
I think the reality of the market, after yet another round of money printing from the ECB now, this week, is that this market will be continually propped up going forward as far as the eye can see.
Its very hard to see where this madness is going to end IMHO.