next stop 162
When you've traded the market for 25 years you come to know when people have gotten stupid and greedy. Jim Chanos knows this well too. You got a retail moron just posted "just got another 500 shares what a deal" this is what happened in 1999-2000 when the momentum turned on absurd valuation and JOr retail continued to buy and average down. It's not rocket science. All the signs are visible that people are intoxicated with easy gains. Smart money exited the market today for the first time since 2012 rally began. The retail jerkoffs will hold the next bag.
Obama is a plague on free market capitalism with a mind like a banana republic dictator. He spent 1.4 billion dollars of tax payer money on himself and his family this past year. But you love your daddy soooooooooooo much.
The new average American is an imported mongrel lap dog panting for entitlement programs and a QE supported economy. They are lead by a cadre of elitist Marxists who control the entitlement thirsty flock with the illusion of equality and the reality of a seductive tyranny. I marvel at the dopes who truly think they are the enlightened ones. Isn't this always the case with insidious rot?