Todays rally was supposedly about Walmart CUTTING BACK EXPANSION PLANS...
Well, that's worth 100+ on the Dow!
The market will rally again on the FED "Chicken Out" on inflation tomorrow...and so on and so on...
The only problem is we are getting in bubble territory again...and the FED seems totally hamstrung... Supposedly the retail suckers are flocking to stocks again...but I doubt it.
This is just one of those bubble rallys that will rise till it falls... The entire thing is based on bashing gold and declining oil prices...
Will the election end the decline in oil prices...? Who knows...
Thismarket is strickly for the insiders...any Newbie putting in new money will likely lose big-time later this year...
Of course if the dollar doesn't hold up...the Dow can go to 13,000 and still be worth less...in real terms, than it was at the beginning of the year...!
