Tuesday, March 13, 2012

The Get Me In at Any Price Market

Stocks are ripping to the upside, as folks want in at any price. The 13,000 barrier was smashed today.

The Fed noted that everything is fine, but that they'll keep rated near zero just in case. Higher energy prices? No problem.

Of course, I have a bunch on the sidelines and am missing some of this rip. It looks as if I was guessing the wrong way. I was looking at a double top and a potential for a reversal on any Fed news -- didn't happen.

The market wants to go higher. People want in.

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