THE MARKET IS IN ONE OF THOSE "REALITY IS OPTIONAL" PHASES...
DAYTRADE THE MOMO...BUT BE PREPARED FOR THE PLUNGE....
THE STREET IS JUST HAPPY TALKING AND IGNORING THE NUMBERS AS MUCH AS POSSIBLE...THIS HAPPENS IN A MARKET THAT CAN'T GO DOWN...BUT WON'T GO UP...
AND REMEMBER BERNANKE IS WAVING HIS POM-POMS WILDLY...
HAPPY TALK RALLIES WILL BE THE NORM FOR A FEW MORE MONTHS...
THE ONLY HOPE IS THAT ASSET INFLATION WILL KICK IN AGAIN...AND MULTIPLE EXPANSION WILL RESUME...
ALTHOUGH THAT IS QUESTIONABLE...WITH THE FLOATING OF DEBT TO THE FOREIGN SUCKERS NOW IN QUESTION.
