still think the S&P is just masking people putting $$$ from high fliers into safe haven stocks and not because earnings are the blockbuster.
this facade market is going to end ugly again, not like 2007-2008 but ugly enough if earnings can't support the multiples for the S&P.
cannot wait to see what happens once this Alibaba IPO hits the market. where is that money going to come from, oh, i know, S&P 500 stocks.
love how all these pundits are talking about Q1 earings being lackluster, just wait until Q2 since gas is nearing $4 across the country--the more people pay for gas the less they can spend on other things, but then again, 50,000,000 americans are on FOOD STAMPS
i dont trust this rally for one second, sure make some $$$ off it, but if things get ugly or stall, this market is in for a big surprise.
another thing that NO ONE IS TALKING ABOUT. IF THINGS ARE SOOOOOOOO GOOOD, why is GOLD still $1300 per oz? what was it in 2007 or 2008, $1000 or lower? tells me that enough BIG $$$ out there still thinks things are not great and/or that the $ will be weak for long term?
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