You make 2 good points, but aren't they common knowledge? Where else can the bubble go now that the housing market is belly up.... It looks like the dow is the pony....
nothing is clear yet. Dow is down 2 points. 7 minutes to go. If it's down for 2 days in a row then it might be a new trend
If everyone on here thinks there are no legs to this rally, how many are accumulating short positions, and what industries are you shorting in general...
Yes, I can see that. I also can see that most intraday dips are bought very quickly. I have no clue why this market goes up, nor do I care, but it is sure acting more like taking a breather than selling off.