First trading day of march - NASDAQ closed above 5000 for the first time in 15 years
Each time the market goes up with crazy valuations, pundits say, "This time it's different."
This time the Fed is under more pressure to create the illusion of prosperity
Today's rally came against the backdrop of weak economic data
The only way this bubble won't burst is if the Fed intervenes with more stimulus
Bubbles force you to make an important decision:
Look like a fool before they pop, or look like a fool after they pop
It doesn't matter how much money you make, it's how much money you keep