Dip Buyers

The dip buyers have arrived big time. People hating that they are missing out on the move up are putting money to work. This is great but the longer we go without a selloff the bigger the selloff will be when it arrives. Unless we are heading back into another bubble. I don't think we are. There are a lot of signs that a recession is ahead for 2007. Will wall street still think stocks are cheap in a couple of months? If the new money coming in is money that has been chasing real estate I think this rally could have some long legs.