not as long as Greenie keeps printing $19.5 billion a day to prop the market up http://www.newyorkfed.org/markets/omo/dmm/temp.cfm
Round and round we go, were have we been back to the same place we were 19 months ago. I know all you fast finger day traders are making a fortune, but I don't have time to sit in front of my computer 8 hour straight. Up down up down up down now right back were we started.
Buy the dips, what else can I say! It does go down, but usually to dow -50 or -60 that seems to be the floor, then back up. I have black tape over my sell short button so I am never tempted to use it.
I see you are following the most important maxim of economic forecasting: If you give a date, don't give a number. If you give a number, don't give a date. Good work.
FOMC: NEED TO BE 'PARTICULARLY ALERT' ABOUT INFLATION FOMC MEMBERS DIFFER ON HOW MUCH MORE TIGHTENING AHEAD FOMC: PACE OF FUTURE HIKES DEPENDS ON INCOMING DATA FOMC FELT REASSURED BY DATA THAT SLOWDOWN UNLIKELY FOMC MINUTES SHOW INCREASED WORRY ABOUT INFLATION FOMC AGREED ON JUNE 30 THAT MORE TIGHTENING NEEDED How can you we "worried" about something that supposedly doesn't exist???