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Re: Phoenix-Rising post# 69466

Sunday, 10/10/2010 11:17:41 AM

Sunday, October 10, 2010 11:17:41 AM

Post# of 126111
GM Phoenix and all...dont know about me being so smart...but do know I'm Crazy(LOL)...just want you all to know theres a lot of massive buying driving the market that even TrimTabs cannot nail down as to the source of the buying.This manipulation squirrels up our technicals and tho I agree that DOW..etc should be in for a nice drop soon it appears to me that its still got legs to the 11,300s easy enough.Thats insane...fundamentals do NOT support these numbers and yet the DOW just keeps roaring north..especially on bad news!
Here is another little tidbit to chew on.This link has a table showing that most of this runup seems to be caused by unknown buyer(s)??!!

http://www.fool.com/investing/general/2010/01/08/is-fed-buying-behind-the-stock-rally.aspx

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