Up the same amount as it was down yesterday. All the pros are doing is trading back and forth in a very narrow range.
And what's his track record....plus, each of those times the FED was not printing money like it is today and QE back in those days was either a Queen or a ship. times have changed, were in a very good sweet spot. These markets are only in the early innings....there is no correction or bear market coming and won't be for many years into the future....buy buy buy and enjoy...its different this time.
Makes sense...just like all the other times...once the market makers feel that the money to be made on the upside is almost tapped out....then they sell and drive the indexes back toward an area that will draw whatever people that are not buying a final chance to buy in before the hammer comes down and bear rises again....
Its unreal how no matter what is happening in the world, economic situations etc...it just keeps staying up.
I bought Friday....I'm out pre-market today. Better to take a small loss than get hammered this week...I can see this stock falling below $50.
I would like to see a nice short bear coming down the pipe...20% off would be perfect, then I can load up on great companies like CAT at more reasonable prices....maybe with Kudlow leaving CNBC it might provide the same inertia as the Haine's bottom, but of course a different result. Just dreaming I guess. LOL
Too bad longs...the shorts are eating your lunch! MMMMMGOOD!!!!!
Take whatever profits you have and GET OUT....NOW....this stock and the space its in has had its day in the sun...storm clouds are gathering....glta
Now that its gone up today, the pros are saying that's OK too...which is it....
AAAHHHHHH....not for the next many years....interest rate will remain low as far as the eye can see....and that means....fat city boys and girls. It really is different this time.
You can't stop something that cannot be stopped.....UP UP and AWAY!!!