Again this morning, we had a sharp rally in the market on hope of QE into announcement, No mention of QE from Bernanke and no sell off, downgrade of US economy from fed, and today, miss on jobless claims, miss on China PMI, miss on German productivity, commodities getting absolutely decimated on global recession fears, market way overbought short term, cant remember the last time we've had any good economic news... futures are UP again!!!!
BTW im not short the market and think we will be at year highs come election time, just pointing out the stock market is becoming a farce... obviously the path of least resistance is up.