All I am hearing is the market moved "too far to fast" and "mark to market is already priced in". I think these are just euphemisms for saying "I missed it". The tide has turned and now the bulls that indeed were willing to buy on a bottom are in control. The NASDAQ Composite (CCMP) and 100 (NDX) are both higher on the year. So is the LakeView Restaurant and Food Chain Index (LVFRI). Money is being made. We are back to a fundamentally driven market and those who over relied on negativity and charts are being left behind. The days of short selling stocks like shooting fish in a barrel are behind us. The 100 year flood has receded and the paradigm of endless negativity is being swept away as the waters part.
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Posted By Scott Rothbort at April 2, 2009