People are thinking the Fed will taper at the late October meeting now. You know the Fed doesn't want to taper, so they need an excuse to not taper. Maybe they let the market drop 10-20% in October as their excuse.
No tapering. No crash. The grid goes down locking in the highs...as planned.
They won't taper. No press conference scheduled for October's Fed announce so no taper. You keep screaming the sky is falling and the rest of us will keep counting our money. Rally on my friend.
The press conference is a very new communication tool and is not scheduled for every meeting. The fed left the door open to make an intermeeting move as well. Those are fun to wake up to.
I keep screaming? I think you are confusing me with someone else. I'm up over 100% this year buddy. But still I understand nothing can go STRAIGHT up. Was just asking a question.