Alright, then we're back on how you shouldn't be looking so far ahead. Focus on the right now and price action and less on the fundamentals. The economy as a whole seems to have less to do with price action. We all know the economy is crap. Obviously, the market doesn't care. Go with that and stop trying to buck the trend. When the market decides the economy is important, then change.
Now comes the point where the market tests Rowshan's mettle. This could be where the market takes him to the bank, OR his finest hour...
I couldn't agree with you anymore, except the last part, as I feel things are so heavily manipulated with dark pools and the rest (if people claim I'm a whacko CTer on markets, that's fine; I can live with that), there is no true market which digests true economic data and reacts rationally anymore, as economic textbooks have taught us there was for all these years. The market is a highly manipulated, rigged apparatus, and unless you're an insider, you're at an incredible disadvantage over the intermediate and long term. It sure will let you get on a cocaine high over short periods of time, hence turning you into an incurable junkie, however.
Looks like Market took Rowshan to the bank, I guess. Oh well, looked to be a good call. Tough market, I guess.
Another slow push higher. GOOG, IBM, C and BAC are just some of the earnings for tonight and tomorrow. If GOOG and IBM shine bright tonight and tech jumps even higher it might time to add some shorts.
No way you are for real. If you were, you'd have lost all your money 5 times over by now shorting everything that moves up.