28 March 2013

SP 500 and NDX Futures Daily Charts - New All Time High for SP 500 at End of Quarter

These jokers really worked hard to squeeze out that new high, even on very light volume.

This is a monetary inflation rally.  

I would not get ahead of it, but when this market does turn for a correction the momentum players are going to be piling on in a big way.

Look at how far the SP 500 has come without a major correction.  That is how far it may fall.

But for now illusion holds the day.   Illusion is all one has, when reform and leadership fails.

'Clay stealing clay.'