The trader being interviewed this afternoon on Bloomberg television said, "It's all upside from here, for the rest of the year" and the spokesmodel du jour answered, "Go USA!"
Do I hear a bell ringing? Maybe, but don't get in front of it. Let the trend change show its hand, if and when it does. While volumes remain light it can continue to drift higher on the excess liquidity being provided to Wall Street by the Central Banks.
Bubble? What bubble? And the band played on. Hi ho.
