Is This Rally A Hedge/Mutual Fund 'Pump & Dump?'

Discussion in 'Trading' started by ByLoSellHi, Sep 12, 2006.

  1. Since we're likely headed for a 5 year DOW and S&P 500 high, and the highest NASDAQ in 4 (is it 4?) years....

    ...does this rally have legs, supported by solid fundamentals, or is it a pump and dump play?

    How is everyone here establishing their exit points in case we get serious reversals?

    The lack of volume is unnerving.
  2. A rally can only stick if earnings can accelerate, more companies buy their stock at record levels, and the consumer starts another spending spree.......if you think all these can happen then buy this baby! :D
  3. And if more cash plows into the equity markets...
  4. and continue to just keep your eye on the bond market. :)