I think investors are looking for a reason to keep rallying...I don't think they'll get one tomorrow and therefore I feel as though the volatility will continue and we'll move sideways becuase the volatilty scares the shit out of people, including me.
Market is hoping for news of a cut sometime this year, and I think they are going to be disappointed when, not if, the Fed comes out with a rather hawkish statement considering the latest price levels. A cut, or a bailout, because of the "subprime" woes is complete horseshit, and if it is mentioned by Bernanke and crew then I'm going to move to China or something. Liquidity was what got us in this place in the first place, turning it back on is just going to let those who made assinine decisions in their financial life get away with them, AND it will encourage other idiots to go and do the same thing with new cheap money. No, I think the Fed realizes that this is a bitter pill we need to swallow.
Same ol' tune. Post a perma-bull quote with absolutely no statistics, facts or reasoning behind it. Just make a wild claim.
Why sell anything? Everthing is great in the world!!!! And that jackass will try to tell everyone that again so we can rally another billion points. One day, unless the govt outlaws downdays, investors are going to get their a@@es handed to them. All the commercials "take control of your financial well-being, fiancial freedom" OUCH. JUST WAIT!!! Then again IM prob wrong once again..