>Do you read all this stuff? It harms rational analysis, imho. I mentioned on few occasions that I participate in discussions on some investor forum(s). Believe me, people consumed by these 'momentum and hysteria' (they appear there en masse too) are poor investors. Too much talk about general issues prevents decision-making, and the latter is the only real point.

Good point. Interesting that the DOW doesn't seem to be rising as far and as fast as European markets.