Companies beat estimates,stocks are going up...companies warning, stocks are up, companies downgraded,stocks are up...It matters not, the market looks ahead, sentiment has changed, "reasons" will be found to justify it. Interest rates are low and falling, inflation is low, gold is nowhere, unemployment still historically low, no major conlficts, freeer trade growing, China situation calmly resolved...the world not such a bad place :). Be sure and let us know when you have no choice but to look for longs ;)
That most still doubt, are waiting for confirmation(A buzzer to sound to say the bear period is over? LOL)...is a requirement for the bottom to be in... |