Ghost of Igloi wrote:
I respect the technicals because they say something and people pay attention to them. But as I have said before, I am a fundamental guy. Corporate earnings are rising, I doubt if that will turn anytime soon. High yield bonds, consumer cyclicals, communication stocks, Japan and Europe are all rising. I find it hard to fathom that these issues move on technicals or any other short term factor. Of course anything is a possibility, for the time being I bet we are in for a more serious rising prices.
fixed, just for you Igy.