Thursday, January 13, 2011

MORE OF THE SAME

The market continues to advance inspite of oversold and bullish readings. Measures of desire to buy continue to make new highs and selling continues to wane. With this ocurring, the final high should not be here.

At some point there will be no one left to pay higher prices and the momo will subside, until then you either ride along or wait for better prices to buy in.

The market is swayed by liquidity, and the FED has made sure there is no other game in town....somewhere down the road we will find out if the economy and market can stand on own 2 feet......and whether we put a crown on the head of FED or get our pitchforks

D

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