[Mount Athos]

Maybe it has to do with program trading limits

[CommieCutter]

I gave up on thinking the market was legit during the ‘fat finger’ 600 point drop in 2010.

[mountainlion]

The market will climb and fall in cycles as the big guys manipulate the market to get more of the share of 0bana’s $65B per month , or what ever it is I can't remember, he is using to create a bubble.

[Don Corleone]

Q E 11 is not only the name of a ship.

[veracious]

Yes, I firmly know that the entire economy is floating *on*thin*air. Major pillars are actively propped up as needed in order to keep the mirage afloat.

[montag813]

It goes a lot higher. Buy the dips

[Gritty]

The stock market will keep on merrily humming along until the Fed pulls the rug (and it's newly manufactured money) out of it and then it will drop like a whore's thong on pay day.

There is way too much free money (aka known as "our" money) floating around nowadays for any caution to prevail. It is FULL SPEED AHEAD until the ship hits the rocks. Then our insane gummint will pour even more of our (borrowed) money into that sucking black hole.

It will continue like that until we are owned lock, stock, and barrel by the Chinese. We won't even know what hit us until the busses arrive at our front door to take us away to the "free" labor camps.

Believe it that we won't have to worry about our "free" but totally dysfunctional medical care system then. It will be the least of our worries.

[KoRn]

I think the markets are totally rigged. If I were looking for ‘fast money’, I’d sooner throw my money away at a Casino or lottery tickets.

[Organic Panic]

Don’t worry. Wee can always print some more money to cover their losses. They are too big to fail...

[ConstantSkeptic]

The stock market is bigger than the politicians and there’s only so much politicians can do to affect it. Ultimately, it a reflection of American business. Do you believe in American business? If so, invest.

I strongly believe in American business and the stock market has been great to us. We had a high back in Sept 2007, lost 1/3 of our investment by Mar 2009. Didn’t sell anything. We’re now up 78% over that previous high. We’re 166% up over our Mar 2009 low.

You have to do what allows you to sleep at night, but, for us, we will continue to hold about 80% stocks. We sleep fine.

[jwalsh07]

Real S&P earnings growth in 2013 was about 7% while the S&P was up 30%. Is that indicative of a rational market or a market that is being driven by factors that are irrational?

[jwalsh07]

Btw, I made some money last year but I don’t kid myself that I am a market genius. Just taking advantage of the “irrational exuberance”.