today is the last monday of the scariest month of all: october. time for PPT to pump up stocks during the holiday weekends. $anta claus to rip the shorts a new one this december.
There is no reason why the dow can't retest 14,000 in 15 months or so. That would be realistic given the economy is still fundamentally strong. Everyone is talking about recession and crisis but I can;t see the crisis.
http://seekingalpha.com/article/102134-some-good-news-for-investors I'm not alone here This could be the best buying opportunity of the past 10 years.
Everyone looking for a huge capitulation bottom still. if the mkt holds threw the election the bottoms in for 2008 and we could see 10k or so by year end