Your Friendly Reminder

The last 3/4 of 2009 were awesome and we've really been having a great run up in the market, but from The Reformed Broker comes a friendly reminder that we could also turn down at any point, and quick. Just look at the recent run up and what has 'triggered" them:

Here are some features of the recent anti-gravity stock market:

* Bad employment number - stocks go up
* Good employment number - stocks go up
* Sovereign credit default - stocks go up
* Sovereign credit downgraded to junk - stocks go up
* Hawkish Fed speech - stocks go up
* Dovish Fed speech - stocks go up
* Hawkish Fed minutes released - stocks go up
* Dovish Fed minutes - stocks go up
* Treasury auction goes well - stocks go up
* Treasury auction goes poorly - stocks go up
* Crude oil and other raw costs rally - stocks go up
* Crude oil and other raw costs sell off - stocks go up
* Banks report earnings - stocks go up
* Banks dilute their shareholders back to the bronze age - stocks go up
* CES preview captures our imaginations - stocks go up
* CES becomes a joke with 3D TV and a $2300 battery-powered bike - stocks go up
* The weather is unseasonably warm in November - stocks go up
* The weather is Antarctic across the country, Black Friday is snowed out - stocks go up
* Stimulus plan is roundly criticized as wasteful and irresponsible - stocks go up
* Talk of a yet another stimulus plan begins - stocks go up

Ladies and Gentlemen, We Are Trading on the Moon- The Reformed Broker