BOY THIS ONE LOOKED FAKE...!
JUST LOOK AT: THIS CHART... DON'T GET MORE "MANAGED" THAT THAT!!
NOT DISSENT ALLOWED... BUT THE NOTION THAT THIS IS GOING TO BE A BULL MARKET BASED ON M&A AND SHARE BUYBACKS IS A LITTLE NUTS...
FOR ONE THING...WHAT KIND OF COMPANY HAS NOTHING BETTER TO DO WITH IT'S MONEY THAN BUY BACK IT'S OWN SHARES...? PROBABLY ONE THAT HAS A LOT OF STOCK OPTIONS FRAUDS HIDDEN IN THE BOOKS....!
AND THE NOTION THAT THE BOND WILL HOLDUP, AND RATES WILL STAY DOWN EVEN AS THE DOLLAR PLUNGES TO INTER-GENERATIONAL LOWS...IS JUST CRAZY!
BUT KUDOS TO MARKET MASTERS TODAY...THEY TOOK ADVANTAGE OF THE THIN TRADING AND SOLD SOME HIGHER PRICED STOCK TO THE 4TH OF JULY SUCKERS!!
