LOL, not before the many traders like you get short ripped, just like in 1999. There are still many upon many hedge funds and retail traders that think they are smarter than this rigged financial system and refuse to understand that even if a crash happens, shorting the whole move will result in nominal profits, not real ones.
I agree. I think this is the tail end of a massive credit inflation. There is no way that this can continue much longer than another two years. Does the fed really want to see stocks make another parabolic mover higher right now?
reading these boards for many years its so obvious what's going on. traders who trade daily see the fraud and corruption in the market and wether they trade short are very non believing people. unfortunately for those short traders are a very small part of the market and the million so joe six packs are being drawn back in
Could it be also be that people will take thier money out of real estate and put it into stocks? Peopel are saying that stocks will selloff in NOvember, but whay? The election? I doubt it. So called phycoligical triggers have smaller effects than triggers cause by weakening fundementals.