Savvy Trades and Investments

[wadegarret]

Have given up my short position for now

I have come to feel that the market may keep going up till the feds raise interest rates or decrease their asset purchases. Seems like the feds ongoing bond purchases of $120B/month are still driving this market, despite valuations through the roof. I hate to admit it, but don't fight the fed seems to continue apropos. I thought valuations would matter, but guess until the fed actually makes a move, the market will just keep rising.