Not sure if it is overvalued, but it just went up 22 points in 3 days. Oversold to overbought at light speed. Noticed shorting wasn't being allowed much today...seems MMs needed buyers. Hmmmmm....5 days of running the walkup BUY program to squeeze shorts out...seems somebody had large sell orders to fill.
tahoe you are back! I thought you retired for the year. You were right about the market by the way. I have been a buyer of TNH for the past 20 points along with RIMM since last Thursday. Nice profit and I am holding. Buying AAPL too. I bet you feel the market will tank again and soon. What is your opinion?