There will be a major selloff, I just dont think it will be in December and maybe not in January. Probably sometime in the mid-late Spring. I would have a problem throwing new money at any long term trades right now. While the market might advance 5% between now and May, its going to sell off 10-15% at some point. 5-10% upside versus 10-15% downside.
Why is your range so narrow? 2007-2008? I am thinking 3012.....gives me 105 yrs to be right.......will leave my grandkids my short position for them to get out for me...
In all seriousness....I am dying to short the mkt ...but....until it tells me it's done going down ( a decent pullback....starts reacting negatively to good news.......something) no use in fighting it.....there are some good short trades out there in the indexes...but you have to take quick profits when fighting the trend...
I thin Skidmark..er uh Bluestreek is having some fun with us. Notice how makes the opening post and then disappears. No body be can as dumb as he seems. I think he's yanking our chain.
I think he is actually trading opposite of his calls and is killing it long but is so bored he is posting here to stir folks up.