The Fed. has given certain companies such as GS 1.7 Trillion dollars to buy this market. The way they did this is they bought the companies Garbage securities and bonds, most of them mortgage securities on the promise that they would BUY the market to drive the indices UP, by large discreet invisible block purchases. This has been done before in 2003 through 2007 they would leak rumors to well known loyal traders on the floor that DEEP pockets are buying this market knowing they would spread the WORD,further encouraging buying demand for STOCKS from bandwagon jumpers.using cash market and the future market . Once this money runs out watch out below, and these companies will be SHORT the Market
Not until sometime in 2011 will the market correct.
Obama and the Fed will spend any amount and take any non-transparent actions required to keep the market up.
Only monumental geo-political upheaval will rip the control of this market from GS, JPM and the Fed.
thats right...these are the same bastards that burned you down to dow 6,800 now burning down on the way up...that said i bought another 100 shares of QID tday bring my average down to 19.15...my next purchase should bring me under 19.00...there is no way im capitulating so run it up gumbos...
eyell win in the end like i did in dec/jan when you ran the market straight up on no volume and i was the only short left standing.wifrord