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Looking Beyond DOW 14,100

jyechout Wrote: Feb 06, 2013 4:50 PM
Agree totally, but what about inflation or deflation?

The market got nicked Monday, but seemed to have regained its footing by Tuesday, although there hasn't been much news. Lots of bottom fishing bringing to life names written off only six months ago and points out two things about the market that never change:

* Stocks get oversold because of the crowd
* Stocks get overbought because of the crowd

Yes, right now emotions are in overdrive. Money is pouring back into the market, but its cautious money that was cemented on the sidelines so long there is no conviction. In other words, a couple of hiccups and back to the sidelines a...

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