I read an article where either China or the fed stepped when the s&p futures were down 150, thus righting the ship. They won't let the market correct and behave on its own merit, which proves the whole run up has been artificial to say the least. The naz is sitting at highs not seen since the tech bubble in 2000, all in this environment ?
Market keeps ignoring all news and data. Europe is in big trouble, everybody knows it, U.S. slowing down, if it ever picked up to start with, yet markets are still at 10 year highs. I guess thats why everybody like Bernanke, because nothing he has done has worked