I think he is trying to tell in his own way that many people instead of just following the trend are trying to fight it. S&P 500 has doubled in two years. That's a lot of dough my friend. It is going full steam ahead towards 1,500. That's more dough. I keep on buying and I was up 10% this year. First time I shorted I lost 3%, my stop loss. I am now buying again. Take a look at the charts in this blog: http://www.priceactionlab.com/Blog/2011/02/where-is-the-market-heading/ He has rarely been wrong.
it is simple this market is rigged....... its not dont fight the trend its dont fight the fed. what scares me is one day we all will be long and market wont open....
On Jan 28, 2011, Friday, Dow closed -1.38% down. Possibly Cairo affected broader sentiments. It recovered back all lost points on Jan 31 and feb 1. Everything has to be defined in context. This needs awesome practice. Socio Economic Factors.
eh the spy dividends have been rising for 4 straight quarters: 48c, 53c, 60c, 65c. If you bought like a year ago, like you should have if you are a long term investor, the dividend yield is better. Based on my original investment, SPY's div yield is 2.44%.
You forgot we voted for Ah-nold too queer boy!!. Little creepy guy corner of the bar, 15 dollar beer and skiiny jeans,, hahaha,, yes that is you. Ef