I tend to agree.......not saying we don;t fall back, and who knows how much, but I do believe investors have learned to try and look forward. We have the fed being aggresive, lots of sideline money not wanting to miss the next rally, earnings warnings, hoepfully, with a stress on hopefully <ggg> can't get any worse...and if they do, well the whole econmy is going to hell in a handbasket then.
Anyway, I think folks saw how exorbitant stock prices got and maybe now are saying we have done the flipside and maybe the trend will be up. hard to tell. Half The ANALysts are preaching BUY NOW, the other half are preaching doom and gloom.
Time will tell
hope everbody had a great weekend. Mine was pretty good....got to break in some new employee's, on saturday, which went better then expected and got to hit the rocks today for a bit.... |