The Bulls were out in force last week at the Market Technician's Association Conference in New York.
Sure they questioned what caused the rally (or who was propping-up price); but the message was clear … you have to trade the market, as it is, rather than your opinion or fears.
Maria Bartiromo moderated a panel, which included Ralph Acampora, that reiterated the bullish theme.
As you might guess, it was easy to see that the room of mostly middle-aged men was excited to spend some time with her.
While that wasn't surprising, there was a lot of talk about much higher time frames than I am used to looking at for trading guidance.
In addition, I feel compelled to admit that I'm somewhat skeptical about how long Wall Street stays bullish. But, we'll see …
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