It was your chart, idiot. Post something more relevant then. You seem awfully upset about there being no corrections since 2012. That's only 3 years. Not hard to find other 3 year periods with no corrections.
How could you forget 1987....even people who didn't own stocks that day remember it.... The longer and higher the markets go without a correction the more severe the next collapse will be....most traders should welcome a correction or two during times like these but they don't....any 2% pull back gets analyzed like its the end of the world...
I just got a funny news today, the vice president of the stock exchange committee made a public speech today to warn people that there is always risk in the stock market and "selling house and investing in the stock market" is not recommended, which has become popular in China recently for the people who have more than one house even for the people who have just one house. And some people even use the financial tool to borrow money from the stock company or bank to invest in the stock market, which in my eyes, are very dangerous. May be they will be standing on the top of the moutain when the market has cooled down, a chinese verb. A bit like"when the tide is gone, who is swimming naked in the end."
do honestly believe this down day is going to last? I just went long myself knowing green is coming right now, LONG XIV
It won't, Im looking at a huge turn around mid morning.... already climbing, was down 170, now down 146.... Thats what I call a buy the dip kind of day... My YANG is doing AWESOME today, think Ill hold it into monday