Don't really know what's pushing this market. I quit trying to figure it and just work on trying to stay on the right side. Or left, which ever it may be.Some good earnings report lately are due in large part to creative accounting, admittedly in some cases. Goldman Sachs is making tons of money and the markets get all giddy. Ignore the fact that better than half a million people are losing jobs every week. Half a million!
Lot's of bearish chatter, markets are over sold, and commercial real estate is in the toilet. Residential sales are being driven by tax credits which is creating more debt.
But the good news is, the stock market is up. Hmmmm.
Just keep following the triangles and stay ahead of the market.
Adam Hewison has graciously made and posted some free videos it could pay you to watch!
"It is a [disputed] question, whether the circulation of paper, rather than of specie, is a good or an evil... I believe it to be one of those cases where mercantile clamor will bear down reason, until it is corrected by ruin." --Thomas Jefferson to John W. Eppes
