He's a highly emotional permebear at that... However, unless you believe: The VIX can go to 0 Stocks can reach and remain at early 2000 valuation levels Oil can go to the $90s and beyond (which is basically a crushing tax on businesses/individuals) Money can be printed indefinitely Up is down, right is left, black is white, 2 = 4, etc., then... This rally will run out of steam soon enough.
Kind of yes, specially that it is now created by hitting Enter on a computer terminal, not actually printing it...
Granted all trends come to an end. However, markets are not rational and prices historically are pushed to irrational levels before they correct. Even extreme levels are not uncommon. This is why it is important to trade based on what the market is doing and not what it should do.
Right now JPM is taking its dump as expected after a bad conference call. Shortly, the indexes will do the same in kind...
lol I had the same thought. Retail, you have stated your thesis. No need to have to come up with a new handle after the next push higher.
God dammit! Go to cash or you will be run over from whats about to come. GS and JPM are taking their dump today and soon the market will follow in kind. Go to cash now!
I dont want to make you look like an idiot Lucrum. I try to make my threads for all audiences, but my general assumption is that all readers of the thread have at least a high school graduate's level of English. You can find the word "bit" in the dictionary which means "a brief amount of time". I know English is your second language so I wont push the matter further.