of course RD is correct and is giving reality check to the wishful longs of vz.. these are same people who would not buy vz at 26 but are more than willing to buy ar 50. if everybody was smart life will be much harder to live.
was an article about from a bear about the overall market correcting 40%. I think he may have been on bloomberg tv too...is the extreme. govt keeps propping up the mkt. Until they take the drug away, we will stay high.