QUOTE OF THE DAY

Revshark on Real Money- states something that is not so obvious but it it true "In formulating a thesis about where this market is headed, we have to keep in mind this fundamental issue of individual demand for stocks. If the average investor decides that stocks are the preferred vehicle and starts shifting cash that way, it doesn't much matter what other arguments for or against the market there may be. Demand will reign supreme and all the most logical and compelling bearish arguments in the world are meaningless if people simple decide they like the idea of putting more money in to the market. "

I agree 100%- but one can still buy pullbacks and sell blips-