isn't it possible-
they (the fed) continue this pomo rally- see their highest high ever on the S&P within the next 2 years or so- but have to keep pumping as all value SLOWLY washes away like rain in the street maybe 10 years from now?
TBTF banks own all the stocks. It won't crash until they want it to crash. That might be awhile.
Open you eyes. Look how horrible all the data is and yet we hover at 11,000 on the DOW. The only reason it crashed in 2009 was the retail masses wanted out. And retail has exited more since then with like 20 straight weeks of outflows. If you had 20 staight weeks of outflows and it hasn't crashed, then it won't crash until they want it to.
Bernanke won't allow them (TBTF) to bring down stock prices. It would create another liquidity hole in our economy that he would have to fill with phoney stimilus. Any TBTF bank that tries to crash stocks will be shut out of the zero discount windown.
If you are a BEAR, you now have only one choice. And that is the only thing that they don't want you to do. BUY GOLD.
You want to vote against this rigged game, you want to punish the money-changers, then liquidate you trading account and buy GOLD. These new highs in gold prices will be looked at as low prices in the months and years to come, as our entire global financial system goes down. If your response is that you want to hold FAZ for the collapse, you must understand that when you cash in your big FAZ pay-day, you will be paid in worthless dollars.
So vote with your feet and buy the only asset that they don't want you to buy.
the elections don't matter- this economy is bigger than any front man- if the elections did matter these new debates over healthcare would be open to the public at the very least.
...this is about world economies (for now) -at war. imo
We all know that, but we don't know when. Thus you can nibble into a position like this and get caught without many shares when it does happen, or try to time close to the bottom and watch it drop another 10%, then do you have the guts to hold? Most don't. Then you sell out and FAZ opens 10% higher the next morning you miss that.
The sentiment that the market is rigged and a drop will come is intuitive, but intuition won't make you money. I am still trying to figure that out here. THus I am long some, day trade some and move in and out over the week with other positions.
I have not seen one person on this board post real trades with real technicals they use and prove they have made any significant money.