If earnings were really falling so fast, then why are stock prices rallying? It’s not like we’re all looking at some rosy, tech-boom future. So what’s the deal? Is the “Green Shoot” mentalityreally that strong…is it really that irrational?

I think it's fairly simple - just look at it from an institutional money manager's point of view:

I've just come out of the worst crash in my (limited) financial experience. No way am I going to be left behind when the market finally turns, and since I know that's what the government wants (don't fight the Fed) I place my bets, along with all the other money managers. OK, maybe I buy a few puts to keep the risk guys off my back but no way am I missing this rally!

The alternative? Find another job suckah, but I'd have to do that anyway if (god forbid) I underperform, so what the hell? It's not my money! If I win, I'm a star, if I lose... well I still have my real estate license..LOL!

Seriously, anyone who imagines these people have OUR best interests at heart is truly dreaming. Isn't that why we do it ourselves? Because we know that isn't true?

ebear