for the entire day on the dow we have traded around a 20 point range on the nasdaq about a 4 point range. They wont sell off the market so instead they keep it floating somewhat down then somewhat up.
"they" are involved in more than just 30 stocks. MHS, WAG, CVS aren't in the dow 30 and were not what I'd call boring.
A lot of people seem to think this new high is a fluke but if you look at a three year chart the climb has really been slow and steady. It is not a parabolic move so I dont see why so many people are expecting a sudden reversal. Personally I will be glad when we get some shorting opportunities but Im not pushing my luck here.
and what do you know another rise in the markets. like who wasnt going to get this right.... just buy anything, you will make money. haha
tomorrow will be even better... job numbers will come in inline and markets will rally another 1%. 12,000 tomorrow, why not!!!