Big gains on thin volumes. Stocks are held by weak hands.
It could go higher, but I do not believe this is an investable market.
Musical chairs for the nimbly positioned is more like it perhaps.
Hard to tell where things will go when the Banks are pumping up.
The markets were firmly in the United States of Amnesia today, sloughing off all the bad news in Japan, the Middle East, and with sovereign defaults. But there was an 'edge' to the trade, with the wise guys keeping one hand on their wallet and a clear path to the door.
