A diary of the thought process behind my investment decisions
It never ceases to amaze me how the media tries to explain every wiggle in the market based on fundamentals and never attribute any movement to psychology.When the payrolls number came out the media reported it as terrible. Now that the market is rebounding they are grasping at straws trying to explain why the numbers are good. The fact is that people want in and they don't care about no stinkin' fundamentals. Greed has taken over.