thats true about 03 but that was coming off a huge bear low of 7500 this was coming off a market thats had barley fallen in 3 years which makes it even more the amazing. also in the summer of 03 we corrected 3 or 4 %. 1000 days without a 10% correction is almost a record and also amazing is not even a 1% down day in like 85 days or 17 weeks which is mind boggling. never in history of the world maybe have 2 back to back bubbles in the same asset class happened in succesion like stocks. every other time when a bubble popped it stayed down for a decade or 2 not right back up
The big funds know next year will be shit. It's all or nothing this year and they have alot of inventiry to unload to the public. I dont know where the actual top will be but all these targets of 1750-1800 spx next year are an insulting joke.
But that was back when USA didn't have all these "wealth" and most regular joe blows don't have Brokerage accounts like we do let alone access it within a few seconds.
why have fear when the markets hardly dropped 150 pts in 4 months? this is the most non volatile bullet proof market in decades
Why are you guys going apeshit over this rally? It's really not that significant. Are you guys really that short?