Boy Who Cried Bear Says We Are Going Down

there are no retail buyers at all. I don't see how they can suck retail crowd after 2 consecutive bubbles

yes my wife contributes $50 a month but just because employer matches this amount and she puts everything into bonds

get real - who will buy at those levels longterm?

from the other side folks who didn't sell last crash are waiting to sell break even

every 1% up will be met with bigger and bigger resistance

and after that do government still want to own the entire stock market?

they will probably own more than 50% at 1500

 

Government doesn't care. They know the endgame is a disaster anyway.

 

UP 14 days in a row for SPY ETF.


:eek:

 

Up we go again! New 2010 highs! Bling everywhere!

 

Soon it will be only the different government agencies trading against themselves.

In the ES only 5000 contracts at the mode today. That can be 10 seconds or less worth of trade in an active market.

 

yea that guy on cnbc this morning, Larry was his name said that that in 2 weeks the spx goes to 1200 and 1300 by april, said no reason to sell, said markets are only going up.

 

Nice!!! We need to fatten this pig, er, I mean Bull before the slaughter.

 

Total Put/Call ratio spike to 1.05. Lots of bearishness.

Retail investors will put money in after realizing that they just screwed their long term retirement plans to get 10% annual returns by avoiding stocks. Then market will correct, not before.

 

Larry speaking at 3:15

Said 1300 by april, talk about being bullish, probably be able to tack on 100 points on the spy every month until the end of 2010, spx to 2000!!!


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The market extracts maximum pain. Nothing is more painful than a bull that was once right and have gone all in. Nothing is more painful than a bear that is wrong but persists to be wrong. Both bulls and bears can make money but you need to get the right psychology.