Of course the fed will find any excuse to delay rate hikes....not only that but say they raise rates a whopping .25% in December and lets just say rates get to 1% by early 2017 ...any sign of a slowdown or recession will automatically erase a year and half of interest rate hikes in a matter of hours....that's why I still stand by my opinion that fed funds rate will still be at 0% in 2020...if they cant raise rates now they will never be able to raise them. I don't know what economic numbers they look at but they are going to be so behind the curve its going to send the markets into a frenzy. Anyone who thinks the fed doesn't control the stock market is very very very wrong. This is the new fed....everything they do is for wallstreet and their greedy ways...
1999 or now? You can take 1999 and add it into the mid 2000s bubble and it still wouldn't even add up to the markets games of today...you CANNOT compare this market to anything that has been before....this market is a market that no one has ever witnessed before in their lifetimes and its one that will make history when it collapses. There is no comparing this market.... 1999 will never be talked about again after the next great collapse.
One of the great things about making grandiose claims of future collapse is you can keep pushing out your time frames when you are wrong. Grand_Super_Cycle tried to make a business out of doing exactly that. The problem is when you make shorter term statements and are asked to be accountable for them, it's problematic when the real world doesn't cooperate. For example, you posted numerous times on here that there would be NO interest rate hikes in the US in 2015. What I told you is we can revisit your statement on Jan 1, 2016. You can't weasel your way out of this by claiming any rate increases will be too moderate for your liking or that they will somehow be reversed by 2020. Maybe you'll be right, but we'll see won't we. Grand_Super_Cycle predicted a stock market crash in 2012 that would be bigger then anything that occurred in 2008/2009. I told him at the time that was a ridiculous forecast ( 2012 hadn't played out yet ). Your claims today are very similar in nature. I do fully expect that your posts of 2015 will likely look as ridiculous in 2020 as your 2009 posts look in 2015. But 2020 is so far out that you might pepper this board with another 1000 doomsday forecast posts in the meantime.
Today we will trade flat to slightly higher. this will generate a bearish daily candle. But don't worry one bit because that bearish candle will be null and void just like everyone in the past. One thing is very certain we will not close on the lows....GUARANTEED.
Hungry buyers, gobbling up every offer in sight...buy buy buy...FREE MONEY WITH ZERO RISK WHEEEEEEEEEEEEEEEEEEEE