Posted 02 June 2007 - 06:01 PM
As long as we keep having all this M&A activity, this market isn't going anywhere... except up. Even the Chinese bubble and interest rate hikes cannot scare this market.
DOW will hit 14,000 within the next 1-2 weeks and the SPX will hit 1550 this week.
But, when this market does correct, it's going to be very, very painful.