Buzz you have been warning the bears of this board for years. How much money could they have made had they listened to you? Fed manipulation, valuations ,what ever the reasons don't matter. For five years the perma-bears have been wrong. 2000 is no big deal now. When I said 2000 2 years ago is seemed a stretch. I think 3000 is possible by 2017 as that would bring us close to 1999 valuations at current earning, which considering current long interest rates would not be as crazy.
"Buzz you have been warning the bears of this board for years"
True, a fine track record. I'd be interested if you cared to post your trades/investments. Look at nyner. When he puts aside the political and personal b$ as he has done more recently, and he talks financial and trading, he's pretty impressive.
Hi Tex, long time, good to see you again.
s/p 3000 by 2017..........its possible
or a bear market by 2017 ??? I do not know, when the manipulation or Zero Interest Rate Policy will end.
It will be interesting, one way or another.
Hard to imagine the S&P won't make it to that big round number Bryan talks about. But I've added to the SSO 112 June call short anyway. VIX gap basically filled this a.m. and the coverage of sentiment seems to be given a market-positive angle.