Will cross 10,000 again (going up) GUARANTEED. The VIX is still too high, indicating skepticism! The bears think every sell off of 100 points is the start of the CRASH! They always forget the SEA CHANGE. Any of the rules can (and will) be changed at any time in order to keep the bull running!
"They always forget the SEA CHANGE. Any of the rules can (and will) be changed at any time in order to keep the bull running!" Thats an extremely funny line, im surprised because this market today is different from any other in the past and to think they can continue to change rules, keep rates at 0% and inject trillions into the system to keep it going is going to have a huge negative drawback in the future. There is no significance in DOW 10k as we saw over the last 30 times we have crossed it, aside from that its been 10 long years and still the market is sitting just where it was that long ago. The bulls thought buying at dow 13500 after it fell from 14k+ was a buying opportunity man were they wrong. Then they thought buying at dow 12k was a buying opportunity, they were proven wrong again, then at dow 11k and again at 10k before you knew it the dow was off 50%.
Your cynical position keeps you trapped! There's always an EMOTIONAL PAYOFF when you lose money, and you don't mind losing that money. The bears feel WISER for the "day in the future" when JUSTICE magically reigns down on the market and they are proven RIGHT! That gives you a feeling of protection, and keeps you hooked in! Just make money! It feels better than being proven RIGHT!
Asset bubbles are growing and getting bigger by the second get ready for another market making bubble. Only way to keep the markets up. Sad Sad Sad.
You get a SUBSIDY from your fellow countrymen when you are long stocks! The gov't will raise revenue from U.S. citizens to SUPPORT the stock market! Don't get mad. Make money!
f*** they r bailing out warren buffet. Warren buffet fed will inject money and pump stock and thats y he bought GS and GE on GS he is earning 10 million per day way to go fed bailing out 2nd richest man
Yes. Buffett is probably the number 1 economic adviser to the President. No way he will support any policy that will make his own positions go down! So, as a LONG in this market, you've got an insider in the White House.