A perfect world for the markets, again!

There is lot’s of news. The economy has “headwinds” and “challenges”. The recovery will be “modest”.

What that means is that there is enough bad news to keep the presses printing and the FED pumping with near zero interest rates for a long, long time.

Yet the government statistics show how much better things were than last year when we were in the midst of the greatest meltdown of our lifetimes.

The Wall Street machine has bought it hook, line and sinker.

This may be all short covering and there may be some “real” investing going on, but after an uninterrupted recovery back to new highs, and this mornings surprise reversal, plus the quarter end approaching–momentum has taken over. Period, end of story…

ADDENDUM: There are so many short setups but I am scared to death to try–just yet…soon grasshopper…soon