Thursday, September 6, 2012

The Bears Really Don't Have Much Of A Case

I posted this chart last week : A Chart To Get The Bears Excited About. Today it is now confirming the highs we are seeing in the market. There isn't much of a bear case out there in this market when it comes to the charts (at least until elections are over, and the money printing stops). The thing you have to remeber is the stock market isn't the economy, it is driven by how much money is out there and how much of it wants to invested in the market (A Tom McClellan Quote).