RtS, Thanks for posting the article. To me, it seems to be a very good write up of what is going on at the present time. With all the pressure being put on by the Feds to pump this economy up, it might be awhile before some better values return to the market place.
I read somewhere not long ago where the stock market value has increased by about $2T( yes - that is T as in Trillion) since last October. That makes a lot of people feel pretty good. The Fed would obviously like them to feel even better(another Trillion or 2 would be great) - its "pedal to the metal" from now on.
Institutions buy/own about 80 percent of the stock in this country. Obviously, they all know what the Fed is doing and how the Fed will stand behind them all the way to create some wealth in the coming months. The institutions don't have much to fear in the immediate future. They just have to keep buying.
Don
Market Data 
Markets 
AI
