And you don't think the shorts will have something to say about this? No bear raids in your prediction? You have not done this too log have you. You'll see you are way off.
And you don't think emerging markets affect us here at all huh? May not affect us today, but the ripple effect will get here at some point. Remember in 2008 when all the S_it hit the fan? It started as a housing bubble which we later learned stemmed from the banks greed in writing bad loans. That spilled over to higher unemployment then all the industries that require a thriving middle class to survive all got hit. Tech, industrial, car manufacturing, retail and so on. I'm just saying we were over bought at 16,588 and a healthy correction is due. Just like the stimulus being cut back again is a long term positive but a short term drain.
The stock is down today and you think offers are coming in. What they hell are you smoking?
I anticipate the DOW dropping to just under 15,000 by the end of the 1st quarter. Some one wants this market corrected. I believe we were at a high of about 16,400 +/- so a 10% correction would drop us down to about 14,760. This is where we will drop before next quarters earnings. We were due. Economy is not growing as fast as the market wants to. Things need to be brought back in line. Now who will be the first to say I want the market to drop so I can buy more KERX at $14? If you do I will say that this post has nothing to do with KERX and is just my view on the broader market. Believe it or not, that's up to you.
Ooh no. It must be true. He used all capitals. Run for the hills, the sky is falling. Iceman is the man he knows everything. Except how the trick people into selling. Ice it looks like you're all WET!
Didn't check the broader market yet but I would think we will hit $16.50 early next week and not on a Friday w/o some sort of news. We'll see.
Stupid post! You re-iterate old news just to get to the top of the message board. EMA has not been applied for and we all know about the US so what does your post have to offer?? NOTHING!
These AH or PM drops are healthy. The are keeping the upward channel in line. The last three days we have made higher lows. I agree this will not keep going like this all the way to June but as long as we keep marching higher, things are good.