Nasdaq holding up extremely well considering the DOW is off 1%+ AAPL and AMZN helping the nasdaq. Go figure.
Rally time into the close. Financials are weak but not weak enough to bring the entire market down, there will be buying into the close. Get ready for the prop up in the markets.
End of the day propping going on, buy, buy, buy, buy before the close, market rallies all week due to anticipation of the idiot consumer holiday shopping spree. Just keep buying, no worries about any bailouts or anything else, everything is positive going into the end of 2010. apple and amzn leading the nasdaq rally for the thousandth time this year.
Told you its a market full of risk free returns, news about ireland and the rest of those countries needing a future bailout means absolutely nothing to this market, NOTHING, the more bailouts this world gets the better. This market is being propped up higher and higher as each problem gets ignored. Just keep buying and Bubble ben bernanke will make everything better.
EUR/usd decline was incentive for Ireland to wait fro better deal from europe. If e/u stable to rising, Ireland deal would emerge, and dollar sells and market bounce. The above analysis is not what you would hear on CNN/etc.