OR THIS?
We know Consumer sentiment is below previous recession readings, we know jobs are hard to get. We know housing has not recovered. We know same store sales have been dissapointing. We know a lot of things that should have us scratching our heads at above charts.
One can only hope that stocks are leading indicators......still. Maybe $4T pumping trumps all that....if enough people (not analysts) skeptical about 2011, that should it continue to surprise to upside, if retail investors have been holding back....the lure will be too great...they will come back after 90% plus gains....they want a sure thing....tops don't usually form with a fizzle, without little guy rabid bullish......that may be coming.....cheap credit is what small to mid cap companies thrive on....continue to need low interest rates. M and A activity has heated up, stock buybacks.....bolstering stocks......like the little guy why weren't they buying back in 2009 at MUCH MUCH LOWER PRICES?
Duratek
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