Got a great idea ! Why don't we meet and discuss your arrogance face to face. What do you say or are you just another coward on this board hiding behind your computer calling people names?
You are beating a dead horse. The S&P is up 25% this year and the guys on ths board have the dubious distinction od being arrogant members of the SGT. Schultz fraternity: They see nothing, hear nothing and know nothing.
Yesterday shorlly after the opening I posted that if the markets closed weak it would signal the top of the 5 year rally. Later in the day with the Dow down 60 p[oints, I said that the Dow would have to close down 120 - 130 points to validate my thesis. Though the Dow did close down close to my minimum objective of 120, the other averages did not drop anywhere near as much. That leaves us to today. Though I believe the markets have topped out, a close today of all 3 indices at their lows would confirm it. BTW, AAPL will probably close out 2013 close or higher than it is based on the last 3 days tape action. JMO
Wall Street and the media are expecting Bernanke to taper next week and Bernnake, the Wall Street stooge, will comply but only timidly which his Wall Street buddies demand. It will be a non-event. Trust me.