Tuesday, May 22, 2007

I just did a quick look and the market as defined by the S&P has moved a little over one percent since the beginning of May. Are you kidding? If you turn the TV to the monkey channel, the roar of bullishness is deafening. New highs every day. Yeah, by one tenth of one percent each day. Is Wall Street about done lulling investors into a stupor with the daily headlines of new highs? Got as much money in the market as possible before a dump? Wake me up when it gets interesting.


posted by TimingLogic at 3:03 PM