No way....you gotta sell hope, and materials/transports just don't do that for people. Gotta be tech all over again. Besides, it's been quite a few years and people have mostly forgotten the beating from last time...
i tell you what if the march lows hold and spx makes all time highs then that means hyperinflationary death spike up for the price of everything.
We are about to crater. I see a reliable technical indicator that has never failed, and it's flashing Dow 11,800. Take the money and run. Japan is where it's at! Screw you all.
VIX is down 1.68% hahahaha pretty neat. the other day when the Dow fell 40 it was up 8%. The fix is in for sure.
AMD has moved up $2 in 2 weeks, AMZN popped $11 today, TXN popped $.50 today, and INTC is a few cents from the 52 week high. Get your head out of the goog sand.
i'm not enthusiastic about getting long, but guess what... ... we're in a bull and we're going MUCH higher. Definitely going to retest the 1525 of 7 yrs past. Past that I have no idea. Maybe Bernanke will put an end to it next FOMC (2-3 weeks), just like he did PRECISELY this time last year. gasoline is getting out of control and the euphoric short covering won't persist forever. [and the stats are VERY bullish for continued strength in gasoline] I think the only thing stopping RBOB is demand falloff from high prices. And who knows where that point is... Just realize that considering dollar weakness, indexes are only up a few nominal percent y/y (like 3-4% at most), and that at best covers inflation losses.