The only thing about this joke is that I am not laughing. I still think we are headed for a depression. I hope I am wrong. I think there is massive fraud in this market and the hole in the dike is fixing to collapse
the fact is without fear and panic the markets move up after earnings estimates are lowered to levels that can easily be beaten. We are seeing that with the financial companies now and industrial producers and manufacturers will be next. The gov't will make the economy look shiny and beautiful even if it has some kinks in it. Invest accordingly or else you're just fighting the inevitable.