Yes nobody knows dic squat where this market is going every article from bears to the bulls, from correction coming to rally more from here, tarp money to cash for clunkers, to interest rate up to interest rate down, to dollar vs. euro, unenployment to retail, to consumer confidence to the GDP
nobody know crap and its all double speak, when a bear talks and a bull talks in articles that are 17 pages in the end should just say I DONT KNOW WHERE WE ARE GOING FROM HERE
all markets correct themselves...no one knows when. That's about as much as we know. But, you surely can debate the pros and cons. Even the biggest of bulls cannot say the economy will turn around when what lttle good news there is is trumpeted and the bad news is ignored. Someday, that, too will come to light and fear will hit the markets yet again. For now, greed prevails. Put volume has dried up - no one fears the markets - time for a pullback that could be major.