I predict a larger correction coming, but it could be anytime within the near to immediate time frame. It really depends on the catalyst.
If you need bearish predictions go surf the archives of http://www.safehaven.com and see what ever happend to the 1000 doomsday predictions made by all those lunatics every week. Go surf back to 2004, 2005, 2006. Every 1% move in the SP500 was the start of a 10 year bear market for them. Until it made new highs. Then it became "the fed is printing money" until the next minor sell-off.
I still think we are likely to see some sort of reduction in liquidity pretty soon. There is already been so much money chasing so few things worth buying, and so much speculation, its just gotten silly. They won't let that go on very long. Its already all too apparent.
It really seems like the PPT keeps propping the market up. It's going to take MASSIVE redemptions to take the market down for more than a few days.
============= Exactly,exactly; and as far as probibilities, this bull market is about due for a bear trend, which is more severe than a correction. Hope this helps
for me and other people living outside the US that will be too late. we can only pick up the scraps:eek:
not sure about that. analysts have set EPS estimates way low for Q1. seems all i've heard in the media past month is negativity.
by the looks of the ^n225 it looks like the rally continues yet again tomorrow the DOW will do 11 for 12