Amazing at the bid under the naz. They refuse to sell, and refuse to let the naz trade in the red, yet it still can't break thru 2100. When it does, look out. Can't remember there ever being this much complanency in the markets. The naz that is. Basically boils down to lack of sellers and no fear of it going down, which only means its long overdue. It usually happens, up or down, when its least expected. I still think they need a good sell-off to prepare for the second half rally, which will be on the expectation of earnings for 06. Then in the spring another rally for the second half recovery. I wonder why these recoveries never happen like the hype artist proclaim ?
Hit it on the nose this AM, closing green across the board. The next story will be the markets have absorbed $60 oil and it won't be a problem for the economy. Terrorist deaths will have to exceed 1000 before they are meaningful and have any impact on the market. Only one word, greed.
Oh, since it went against you today, you call it greed. You must be the only non-greedy person around. BTW, if it had gone down 300 you would be smiling all evening long tonight. It went against you and now you are mad at the world. Hey, once my child is through with her chew toy, I can send it to you for days like these! Grow up.