HAHAHAHAHAHAHA, YEA OK. "I think the reason stocks moved up is because the minutes took out some of the language related to inflation risk," said Mark Coffelt, chief investment officer of Empiric Funds in Austin, Texas. "The conclusion that the markets reached is that the Fed probably has a bias not toward raising rates, but probably toward lowering rates."
This is the perfect environment for the markets to continue to rally. Low rates, low inflation, low dollar, huge global growth, strong consumer spending, record profits. Unlike the late 90's copanies are deriving more growth overseas and valuations are still uninflated. Large cap growth stocks (rimm, apple, google, cat, ..) will lead the market higher while small caps will continue to underperform. In the 90's smallcaps outperformed. Shipping, oil, gold, defense, computer and internet tech, GS financial stocks, china are best sectors. The fed could easily cut rates again by .25 will be sufficient for the dow to rise to 16,000.
Here is what will happen, chances for another rate cut look slimmer with very 100 point rally in the dow. So when they don't get that cut the chant will be everything is ok, earning look great, the fed sees no trouble so up up up and away. You just can't loose going long FUCK stops.
You seem to have a habit of abandoning these type of threads when the markets go south for a day...care to explain, Rainman?