Wednesday, March 17, 2010

Groundhog day, again

So today would be day number 15 of the current S&P rally.
Stock buyers see absolutely nothing but rosy scenarios,http://www.businessweek.com/news/2010-03-16/christie-seeks-to-suspend-n-j-tax-rebate-skip-pension-payment.html - they didnt see that story or countless others - but me warning you (is anybody out there?) about these issues is silly at this point - I have been dead wrong about this market since I started this blog. The fed as expected did NOTHING yesterday - so in the immortal words of Wayne and Garth "Party on"

JB

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