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We are sure somewhere deep in the bowels of mainstream media's list of 'personalities', they will find a bullish (contrarian) excuse for the fact that such a mainstream media channel as CNN has expressed the emotion driving the market right now is... "Extreme Greed." For the rest of the 'irrational' investing public (who were all selling last month), it is time to watch in awe as yet another self-created spectacle of insanity unfolds (with no one seeing it coming).
CNN Money's model consists of 7 indicators...
We can only imagine the Fed is in full panic mode by now...
The Fed realizes investors do not act rationally... blowing up their models entirely..."
at http://www.zerohedge.com/news/2014-06-09/what-driving-market-according-mainstream-media-extreme-greed
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