Tuesday, December 05, 2006 11:04:57 AM
Technical price actions - still in buying-spree.
Markets are hyped up again with the Eco data. Of course, market uses any news how it wants to use it. Now we have bubbled markets, except R.E. which is just getting busted.
Let's see how this market will close. Regardless the recent parabolic moves, market is playing out favorable seasonal buying spree, no fear, as well as the Fed does not care about making bubbles.
Markets are hyped up again with the Eco data. Of course, market uses any news how it wants to use it. Now we have bubbled markets, except R.E. which is just getting busted.
Let's see how this market will close. Regardless the recent parabolic moves, market is playing out favorable seasonal buying spree, no fear, as well as the Fed does not care about making bubbles.
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