22 February 2012

SP 500 and NDX Futures Daily Charts - Walk Don't Run



They are doing a great job of inflating this asset bubble in equities.

It can keep going higher on light volumes and printed money.

But if it breaks, there isn't much beneath it, so get out of its way.

It just cracks me up that the same old voices are back again talking up another bubble ginned up by the Banks.