Closing Update for Friday, August 21: New Highs for 2009 [View article]
Despite no fundamental reason for it, I think this market is going to keep edging higher. If the market is being manipulated by GS with HFT then it's with the blessing of the Fed and administration who all want to see at least one asset class rebounding. I think there's a whole lot of weight behind the push up so if you can suspend your disbelief you can share in the gains.
Closing Update for Friday, August 21: New Highs for 2009 [View article]