Don't bother with bozente. He's a maggot of maggots. A parasite of parasites. The only thing bozente can do is run his cyber account C2 into the ground. Yes, he plays with a cyber account, and still loses. He took $100K down to $4K in only 4 weeks! Nuf said.
Those were your exact words and the market did just that. I was simply pointing out that the market did rally over 25% in the time frame you mentioned when you said it had not. So we rallied 25+ % off the low and then fell 15% from that high. What do you want a 20% straight run without a pullback ?
From investopedia.com: What Does Rally Mean? A period of sustained increases in the prices of stocks, bonds or indexes. The period of time you referred to had both up and down movements, i.e. it was not a sustained increase. Following your logic one could say that the market has rallied since 1933 to summer of 2008 but even you must realize that would sound ridiculous. A straight run would be a rally. This was not a straight run. Either way, once again (and for the last time) I have nothing to prove - I am not making predictions one way or the other. I'm just saying that listening to yahoos on yahoo is useless. They have a 50/50 chance of being right. And when they are right (which these days is when they talk about a crash) it's touted as if they are clairvoyant. And when they are wrong they prefer to move on and not mention it again.
Define period. If you take the period from nov 21 to jan 6 then in that period we had a 25% rally that consisted of higher lows and higher highs. According to your thinking then the market never rallies because history shows that we have not had a parabolic upmove without some type of retracement during it.
blowshan, if you get lucky they might give you 730 if 800 finally fails but that is a big if amigo. Otherwise 1000 is gonna pluck the rubberbird's feathers sometime this year.