But beware the end result of burgeoning moral hazard......Quote from areyoukidding?:
It just seems that way. since we just rallied 250pts in a day and half, we could go to 10700 and the market wouldnt even be overbought. the supply of money to buy us securities is inexhaustible. its pretty cool in a way.
Everyone just KNOWS that the WGOFM's (aka PPT) will not counteneance a serious market downturn now don't they?? - until such may be condusive to the interests of the powers that be that is
These guys have real power and all the $$$'s needed to fulfil their mission (courtesy of the reserve currency printing presses). So what the hell's the point of fighting them - Like trying to fart against thunder I'd say. It's the new paradigm