I found this guys arguement very coherent on CNBC today. Not saying I buy it, but the only one of late laying out an arguement against this ridiculous market.
Not so shocking was SHOLE Scott Wapner being a smug SOB as this guy perfectly lays out why and how dow 5000 could happen. None of them could disprove his scenario, just smugness and scoffing and exhaling...always the greatest arguements.
But then would anybody expect any less from a guy like Scott Wapner? What has he seriously accomplished in the investing world aside from REPORTING/ on it and reading from a teleprompter which any schmuck can do.
G-d forbid somebody say something that goes against the brilliance of logical and sheep thinking that is CNBC and average joe. Never think ahead and connect the dots and go if everybody is saving nothing and globalization is eating jobs....then eventualy people are not going to have money in this country.