The funny shit is that at one point he thought he was right so he decided to reveal his previous username, then market rallied non stop making him look like ass.
i think if there is a correction it will be a lot bigger than 10%. the truth is the stocks are not worth the price they are now so it can go down 20% easy. i won't argue the fact that the market can move up because it can but i will argue companies are not making more sales to be more profitable its all cost cutting. its no secret the fed money is going to be in the market but who is to say when people stop using that fed money because the market is to overpriced.
Technicals matter only when they matter. Fundamentals matter only when they matter. Central Banks matter until they don't. The things that matter, matter only when they matter. Trade On!
Ouch. Starting threads on ET with proclamations for a major market top or bottom has been a really dangerous endeavor.