on its way quietly to 50 crossing 200.....death cross.
but benny will come thru next week,so will, europe, boehner and obama will come thru also.
anyhow even one of the three happen thats go enough ,still lots room for can kicking.
everyone is long,no one short,so not much squeeze left just good old fashion rally....no one short...thats good for longs right?....lol
Take a look at the 20 year chart, and this is getting as ridiculous as it can be. We are in the middle of a recession is about to fall into another one, and the stock market is rallying like there is no tomorrow.
I will just set up my puts into the future months and wait for this cardborad economy to fall apart.