the driving force behind the rally has been and still is all the Fed
what about the $12.9 billion that went into stock funds in April according to AMG data?... the largest inflow since April 2002
what about the end of the Iraq war that MANY have been led to believe to be the start of a New Bull, just like 1991
what about all the shorts that were piling on and calling the "war rally" dead for at least a month now
what about hedge funds trading on momentum and technical indicators?
there are many who believe this really is the start of a new bull market... just one example is "wahz", who says he is wildly bullish for the next few years and has many followers
but you believe Alan Greenspan is sitting at his computer buying up tech stocks every time the market tries to go down, and that is the sole driving force behind this rally, and you have the power to see that it's "Him" doing all the buying
for someone who's been trading as long as you, that's just plain GOOFY
pass that roach please