Sunday, May 5, 2013

Broke my 1616.01 target

Well we broke my long standing target of 1616.01 (lower down page)
Unless we turn down quickly, the math has us going to 1665.47   or the Advanced Get target of 1671.67.

Yes I'm surprised we got this far.
As long as the Fed can freely manipulate this market the sky is the limit. True the stock market is the only game in town but since the Fed is killing retirement plans,senior savings and health care, how can we trust them to bring us down softly.
Yes the most hated rally in history is still moving.
The Fed is failing really. A few good numbers on employment but what about all the bad numbers?
Make you stop and think what is leading and what is lagging!