yes at least 12%
News out of China will be the reason for the market correction
falling Copper prices is a clue as to what the issue is about
I have said enough already
you heard it here first
you have been warned!
Don't look now but March is almost half over and SPY closed at its multi year high Friday. You need it to drop about 15% in the next 3 weeks for your prediction to come true.
you are obviously not a student of history
in 1987 the markets fell 22% in few days we don't need 3 weeks
in 2010 on May 6th markets fell 9% in one day (7% in fifteen minutes)
on Aug 8, 2011 Dow fell 5.6% in one day with Bern@nke watching on
the DOW fell 2000 pts between july and Aug of that year
when the markets get spooked buyer become sellers and markets fall fast
and right now we have all buyers and that's not good. Healthy markets are balanced
between buyers and sellers not screwed all to one side.
this market is running out of buyers here
I was not impressed with the lame 67 pt climb in the DOW on friday
on a positive umemployment report
markets all hitting new highs
and major resistance levels
shorts are all squeezed out of this market
everybody bullish and euphoric
vxx near all time lows
Makes no difference. You have held this #$%$ since it was $300 per share. It probably won't even go up during a 12% correction. Of course there won't be any such correction and YOU KNOW IT.