For once I agree with you EC. This has no foundation other than the hope of printing and the eventual realisation that printing is not the cure. But, you have to love it while you can although I made almost nothing yesterday from the 1.5% rise which is disconcerting.
Monday.... is it a case of sell early (commodities) and buy back if game? Do we will think Monday night Dow will produce another 2% rise?
And the banks. What the hell.... IMHO you'd have to be nuts to buy them and crazy not to short them but anyone who did that over previous weeks will be having a scotch with breakfast this morning.
I guess we just have to remember that just because it is obvious to you (me) doesn't make it so.
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