Take note of what the director of floor operations at dme securities said!!!!!!
"The Fed's pumping $85 billion a month into the market so there's no way for it to go down, but everyone's got their finger on the trigger because they don't know when this is going to turn."
NO WAY FOR IT TO GO DOWN!!!!!!!!!!!!!
Stocks March Higher: Dow Gains for 10th Day, Up Almost 11% in 2013; S&P 500 Nears Record Closing High
Published: Thursday, 14 Mar 2013 | 12:18 PM ET
By: JeeYeon Park
CNBC.com Writer
Stocks held their gains across the board Thursday, with the Dow higher for the 10th-consecutive session and the S&P 500 within striking distance of its all-time closing high, as investors cheered a better-than-expected weekly jobless claims report.
"This could be the greatest bull run since the 80s only because there's nowhere else for investors to go," said Alan Valdes, director of floor operations at DME Securities. "The Fed's pumping $85 billion a month into the market so there's no way for it to go down, but everyone's got their finger on the trigger because they don't know when this is going to turn."
"The Fed's pumping $85 billion a month into the market so there's no way for it to go down, but everyone's got their finger on the trigger because they don't know when this is going to turn."
NO WAY FOR IT TO GO DOWN!!!!!!!!!!!!!
Stocks March Higher: Dow Gains for 10th Day, Up Almost 11% in 2013; S&P 500 Nears Record Closing High
Published: Thursday, 14 Mar 2013 | 12:18 PM ET
By: JeeYeon Park
CNBC.com Writer
Stocks held their gains across the board Thursday, with the Dow higher for the 10th-consecutive session and the S&P 500 within striking distance of its all-time closing high, as investors cheered a better-than-expected weekly jobless claims report.
"This could be the greatest bull run since the 80s only because there's nowhere else for investors to go," said Alan Valdes, director of floor operations at DME Securities. "The Fed's pumping $85 billion a month into the market so there's no way for it to go down, but everyone's got their finger on the trigger because they don't know when this is going to turn."
