That is lame talk from a perma bear who is always shouting about how insanely high the stock markets are. You should shouting about 7, 13 and 20% one day drops. That is where the circuit breakers are. So for the Dow you should be predicting 1750 or 3250 or even 5000 point one day drops.
I see something like that coming yes.. but for now it seems the bulls are still in control....I wouldn't doubt a 300-500 surge in the Dow in the next day or so.... Those violent upswings are brutal when you think it's headed further down and wham it jumps up like crazy.....like a freight train at full steam ahead. But i would not be surprised by one of the biggest Dow point drops of 2000 or 5000 .....it's coming sooner than later....
Added MIDU and SPUU in the last 30 minutes.... Will sell as soon as markets erase all losses for the day!!!