We are down nothing at all, maintaining the gains of Monday. Close the thread its another Fly Down failure.
The trend is UP. You should be LONG. The market is going HIGHER. It is January, money is flowing around. All dips will be aggressively bought. Ben is inflating equities. The shorts are going to get squeeeezzeeedddd. If we were going to have your massive correction, it would have happened already. Dips are being aggressively bought. Ben is inflating equities. You should be LONG. The market is going HIGHER. Money is flowing INTO the markets. Money is flowing INTO the financials. Even the homebuilders are holding up. Tech is strong. Apple is strong. Demand remains for commodities. Transports, holding up. The only possible correction will be in precious metals. If they continue to sell off, that money will have to go.... somewhere..... into.... the stock market! Tell me, why are we going to correct? What is the catalyst? People are buying protection, not selling. Earnings? Dips will be bought, aggressively. Post your net short position please! Let's see how convicted you are. Doug Kass said we topped in December. Everyone expected a January sell off. Still waiting... Where is the fear? I don't see it in the price action. I see money, flowing around. The trend is UP.
sure i will. but the market isn't headed lower from what i can see. each time we have a (minor) sell off, we get the pomo/bot churn higher. just like every day last week (except for monday) and just like today. drop a good amount at open, churn higher on no volume as machines bid everything up. dont get mad at me because you continue to point out tops that dont end up as tops! look on the bright side however. one day youll get it right!
AAPL lifting tech and the NDX 100 yet again, until this stock finally falls its up and away for the nasdaq.