You ain't seen nothing yet. When we default on the debt, 90% drop over 6 trading days. Mark it dude. The world economy is fucked.
Well, to be fair, we're still 70 points from the top on S&P. It's very predictable, though. As soon as the market starts dropping beyond a mere retrace there's a lot of loud bears who starts speaking of total collapse. When do you see that happening?
And when did @Overnight join the permabear group...?? This club is getting bigger but will evaporate like morning fog at the next bounce.
I didn't. It's been my reverse-psychology trick for the market I have been using for years when ever I am in swings that go against me. It usually works, heh.
Gottit, a kind of jinx trick. If you want market to go up, tell ET it's going down. That way the demons will do what you secretly want. Great idea!