I have noticed that as well, that anytime it touches the lower until it moves up again as if nothing can take it further down, it will end as it always does the question is how long before that happens, the longer the market floats higher and higher and higher the break of that lower limit when it does happen will be even more severe, over 1200 days without a 10% correction says something right there especially now that markets are up over 200% from their lows, if you think about it whats a 10% correction after a massive 200% super rally, I mean how can you possibly not think there is not going to be a sizable correction going forward....I think the markets revisit October lows along with a VIX that surges above 40 sometime in the first half of this year...
I see no reason to believe that we won't eventually go back to where we started, just as we did the last time.
The SPX tripled during the internet bubble and returned to 800, then doubled during the housing bubble and dropped back down to 700. And during whatever bubble you want to call this, we've tripled again. I can't think of any particular reason why we can't go back to 7-800 for a third time.
I don't see why we won't either, the next collapse will make the last 2 look like a walk in the park on beautiful sunny warm day......and of course it will be well after the fact the reason why such a collapse happened, until then its smooth upward momentum and where it stops nobody knows but when that last high is met which there is always one and the collapse comes people will be running to that exit quicker than then the dot com collapse and the housing bubble collapse....and the great thing will be that the fed has nothing to fix it, there will be a time when you can fight the fed and I think the next collapse will prove just that, it will prove that you can fight the fed that this time around they will be in complete awwwww on how to fix such a crisis....hey they put themselves into this one and there really is no getting out of it, especially with rates at 0%.... all they had to do was let the last financial crisis take its course by letting the free markets take control, but instead they opted to run in and throw trillions worth of worthless dollars at a broken financial system thats still broken, the smoke and mirrors trick can only last so long, the next collapse is going to be an historical event......
Rumor has it that they will be selling 1 million golden watches every month... Not 1,000 not 10,000 Nope not 100,000 but 1,000,000 gold watches a month priced at 10,000 a piece. Apple should jump to $279 a share after the watch is released...apple only goes up...no such thing as lows for that company. This company will be worth over 10 trillion dollars in 10 years .....