I’m totally in favor of the stock market going up, but I’m leary because I think so much of the market is driven higher by debt and speculation, not real company performance, and consumer spending power.

Any day that moves over 100 I expect to be followed somewhat closely by a significant drop until this mortgage mess plays out.

I’m only recently at a point of considering investing in some MFs or ETFs. Since savings rates are so low I’m reaserching funds that might weather this storm better than cash.