OPENING UP
Markets open higher with the all important DJIA crossing the 12,000 line for the first time.
Mark and his compadres have the odd view of wondering where the individual investor has been and if they will buy in to the markets now. Well breaking news for the CNBC shrewdies, where exactly do they think employee 401k's are invested? I can assure them they are not invested in soybeans or wheat futures. And for those looking for the big cap leadership, I dare you to check the price of the IWM, yes, it is outperforming again up about 1%.
No mention of what is underperforming and yes it is internets and semis. Not exactly what one wants to see in a record breaking market.
Mark and his compadres have the odd view of wondering where the individual investor has been and if they will buy in to the markets now. Well breaking news for the CNBC shrewdies, where exactly do they think employee 401k's are invested? I can assure them they are not invested in soybeans or wheat futures. And for those looking for the big cap leadership, I dare you to check the price of the IWM, yes, it is outperforming again up about 1%.
No mention of what is underperforming and yes it is internets and semis. Not exactly what one wants to see in a record breaking market.
posted by DAVID at
9:36 AM
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