The most recent market rally is very silly. Investors bought just because the Fed flip flop statements in attempts to stabilize the crashing market. But what are the facts? The facts are the interest rates are going up very fast, and the Fed is not doing QE to lower the rates anymore because the risk of hyperinflation has increased tremendously with the recovery of the housing market. Unprecedented large percentage of real estate buyers are buying with all cash now. This has never happened before. This is the result of the unprecedented money printing in the past years by all the major governments around the world. If Fed does not turn off the spigot now, it may become too late and impossible to reverse. Watch what he does, not what he says. The Fed is letting the interest rates to rise now. The era of QE is over. The market is overdue for a major correction!
LOL. Just pull numbers out of thin air? Why don't you say 17250? It sounds even more impressive. LOL. Buy low sell high is how you make money, not the other way around. In case you have not noticed, the 30 year interest rates went up about 1% already in the past few weeks. The Fed is already unwinding the easing. The QE party is over. You better prepare for the market to go down as the interest rates go up! A lot of market crashes happened in summer - fall time in history. Not a good time for market rallies.