Down to $100-105 area in my opinion. been a heck of a good run. Now a bit of a breather in late Mar-may period probably in financials, including RE.
So, Ben is bigger than the markets? You are a fool, Nasdaq. The markets rule.
GeeGee, you won't be laughing when Amazon crashes. This is not good action--Dow makes a new high, yet Amazon can't break out above old high. What you calll a technical nonconfirm. GeeGee. About to plunge hard.
A couple of responses to your idiotic post: Seniors paid into Social Sec. & medicare for years, as you are doing. It is owed to them, and will be owed to you when you retire. Second, low int. rates are doing very little to help the economy, beyoond housing. Banks are still not lending. low rates hurt saver incomes, young as well as old. STOP BASHING RETIRED PEOPLE--MY PARENTS NEED SOCIAL SEC!
1. Reduces incomes of savers, so they spend less.
2. raises prices for poor and middle class people since prices go up when dollar is devalued. Inflation will become severe when velocity of money picks up.
3. Doesn't help economy much, because banks aren't lending with all the newly created QE money.
4. Will ultimately lead to a currency war and/or dollar devaluation.
James Grant and Bill Gross are correct--QE is a COMPLETE FAILURE! Let interest rates be determined by the market, NOT central planners!
Plus there will be h*ll to pay as dollar weakens and prices rise--will hurt poor badly.
QE is idiocy--takes money out of savers pockets, and weakens economy. The banks aren't lending, so QE does no good.
Sybil says they have many millions of dollars for shorting. Sybil says they covered at $205 when it fell down there. Why do you doubt Sybil?
Will cost a lot of people a lot of money when it pops. Insiders are selling into the rallies.