Even I’m not crazy enough to short this thing, but good God, just look at Eli Lilly (LLY). It’s a straight blast higher, day after day, and it has a price/earnings ratio in the triple digits. Are they expecting a cure for every form of cancer in the next few weeks?

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As for the market in general this morning, it’s Just Another Bounce. You can see on the NQ how we’re ripping toward the same ol’ same ol’ Fibonacci. I doubt it means much except for the next hour.

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