Curious about trends in NDX OIH etc.

Discussion in 'Trading' started by iceman1, Jul 22, 2011.

  1. I just came back to do a little trading after about a 6 year hiatus.

    I was just curious, in recent time-frames have the markets been trending for more days more than in past years pre-2008?

    I really don't get this current market and how so many stocks, NDX, SPY OIH/oil, ontinue to go higher in the face of not so good employment etc. etc.

    Is there no longer any uncertainty and people and funds etc. keep throwing money in the market.

    Are there no swings or retracements anymore?

    Is this going to be another "mini-bubble" or do the fundamentals and other economic and political etc. etc. matters justify this incessant move higher after the NDX recently fell precipitously to 2180 just a month ago? What the F has changed since then to justify this move?

    Thanks for any experienced insight.