Looks like you are right again. Congratulations! Do you have any inside information or you trade purely based on your technical analysis or trading system?
You just said everything that I have been thinking for a long time. I guess what people can do is just to suffer and becomer poorer and poorer. But can this last forever? Can they just inject trillions of money everytime the crisis happens? One day, when all the people don't have the money to buy the food(now 1/6 Americans use food stamp), can they save the world again by printing money?
S2007S is an absurd poster who likely has ZERO money invested in securities at any point. He's been posting this shit for years, through all sort of short term cycles in this broad bull market since 2009. Reality is that the government rarely buys securities; it did in 2009 to save bankrupt entities like Chrysler. Markets went way up since 2009 for two reasons : 1. The crash in 2008/2009 was like almost all major crashes severely overdone due to panic. 2. Many multi-nationals are extremely profitable and some are cash rich. You can claim the current world economy is unfair and probably you are right ( especially in the US ). However, don't confuse that issue with the decision as to whether you want to own a piece of that action or not. By all known metrics, anyone who decided securities were fairly valued in spring 2009 was being emotional and not a smart detached investor. I agree with you that US markets are in all likelihood close to done for now and likely summer is the wrong time to be in them. However, I state this on a rough valuation basis with seasonal awareness. Not on emotional rhetoric based on largely irrational conspiracy like thesis, and not as some random guessing game on when to short the broader market.
Close almost all my long positions, leave 2 contracts with stop loss set on break even, just for fun and lottery tickets if the bull has second legs Time now is everything 5/2.
Oil up another $1.00 + tonight. Go BUBBLE Ben go!!! Nearly $100 a barrel and so much to go as the markets climb higher and higher!! $96.84 oil tonight