The trend appears to be down, but the media spin of "stay the course" and "dips are buying opportunities" are not necessarily words of comfort for long term investors, or Baby Boomers.
A spike to new crows nest highs will wipe out the shorts and "instill confidence" in those who should know how real company earnings are really the end of the day cash cow.
Gotta have a roller coaster ride with some spikes in both directions along the way. Presidential election years are kinda important, and 2016 may promise more of the same; especially if the seated party is credited with producing a positive in the 401's of millions of Americans.
Perhaps no Luau in HI, as a possible hurricane is blowing in on the wind. Much different story than I heard just a few hours ago; that radio report stated it was about 1600 miles from Hilo, HI, and could become a Cat 5.
Media machine, without any real news fully at work!
I provided a logical reply, yet you found it to be objectionable.
Let's discuss the possibility of the SPX going to the 1500 level.
Ask an ET, none of the humans or apes on this board will provide the reply you desire.
Try again at what you were trying to state as facts.
And then tell me how shorts never cover, and every buy bid has to have a matching sell order.
I'll keep my hip national on my thigh and buy only what I want or need for myself. Market movements don't matter about who receives a gift from mw.
So, you must be calling for a new ATH?
Yes, one of the N bros made mention of the ETF situation, so that he can look like a genius when the whole damned thing collapses. Another and I had this CONversation about 1.75 years ago, and he will also recall my questions about how do the ADRs trade in the US markets when the price has dropped precipitously in the country of the parent co?
He didn't say anything, and I knew everything I never needed to ask.
There seemed to be an imbalance of price in the 2x an 3x longs and short ETFs also but ya don't hear much about that, so far.
Yes. QE 4 is knockin' at the door, and shorts are screwed from here on up. The eCONomy is irrelevant. Janet is keeping the purse strings tighter than...
Oh Golly Gee Whiz! As if a 600 plus move to the upside on no real news or facts is blessed as valid?