IMO there is little foundation for this market to be where it's at. As far as I can see it has been for the past few months another manipulated pump and dump. Most companies have made little profit they just adjusted their expected earnings so low that when they met that expectation they acted like it was a windfall..MOst of the earnings have come from lay offs. We are at 10-11% unemployment so it is said..Real number 20+%. Who's gonna buy all that stuff...Also the banks have made little money..The profits they got was from the taxpayer gift known as the stimulus package. And heck what do I know..The game is all rigged anyhow. If the system is a gambling parlor punp and dump scam we may as well just play the game. TAKE PROFIT...Many IRA's are up 50% or more the last few months...
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