Pulled pork on BBQ sandwich at a local diner I frequent started thinning out toward end of last year. Prices not thinning though. Going up actually.
Martin Armstrong, like him or not, sees 5,000 in 2017. Fwiw. I couldn't begin to guess how high but I agree with your points and even if it sells down further first, higher would be my guess after that. Much higher.
This guess has not been invalidated by Apple's movement so far if you look at a monthly chart. But for this to still be alive Apple will need to turn down from about here, confirming the completion of a "B" wave in the consolidation mentioned above. If it does the move down could be as extreme as a 50% sell off, followed by one more move up and a final down to complete a five wave triangle/consolidation. All of which would mean Apple fans will need more patience for another year or so at least before a new bullish cycle for the stock takes hold imo.
I have no clue but you could be right. global environment what it is and fed hinting of reversing its position on interest rates, under employment and on and on continues to make it difficult for me to turn bullish but I slowed way down on trying to short the market either.
For a quick profit on short side. But that might still be just another dip and not a time to go short and forget about it. Some wave analysts see a sell off here as a fourth wave and that means another leg up afterwards. Fwiw and jmo.
I don't get it.. Didn't Sadam keep these extremists down by being just as or more brutal than they? I would think they would celebrate the judge who took him out. Good example of how I understand nothing about their fight over there and since our politicians don't either, we should have then and should now stay the hell out and let them do what they want to one another.
That would be my fist guess too but I wonder anymore. I am not sure government bonds and gold get all the inflow of capital seeking shelter during a global crises this time. But I don't know.. I wish we didn't have to find out but the way things are going, I think we will. These are in some ways the most interesting times since the 60s, although not for good reasons.
I must be hung over. lol
In normal times of cycle behavior, we should expect a bear market at some point. But to my point I wonder if the propping up of the market, which has been affected by the fed induced excess liquidity, wont shift to capital seeking a safe haven in u s equities, replacing the fed when they are done. Therefore, no bear market for the near future.
I will add as someone who tried shorting the market from March to December 2013 (and has puts now but only for a quick dip, if we get one), maybe my succumbing to the notion the market cant go down is a signal for a top. You know, "opposite George".
the market isn't this as global turmoil rises. The increasing risk of default on government debt worldwide and the increasing potential for bank failures will drive world capital into the best and biggest u s based corporations. Where in the past u s government bonds may has been your sole security blanket. There is still the gold play I guess, but if looking to diversify into safe havens, I wonder if u s stocks might replace u s bonds, at least partly. Thus global events might have a positive or at least cancelling effect on u s market levels.
I don't read fans so is this a bullish or bearish suggestion? To save u time thumb up if bullish, down if bearish if you want. Tia
Repubs passively ignore problems and Dems actively employee bad solutions. Time to throw them all out and start over.
Wouldn't surprise me if dobama has his eyes on heading up the IMF after his term is up so he can can continue to pursue his agenda of one world govt and everyone else a slave to its priorities.
Maybe water is their kryptonite. I suspect Hoffa lies deep down like that plane.
Like him, dislike him, know of him or not, I am not pushing him on anyone, but this is very much what Martin armstrong suggests is coming, driven a great deal by corruption in governments everywhere.
But you have to know those in power will not give it up easily and they have command of the militaries at the moment to defend the status quo. It's going to get ugly, apart from whatever hell the Muslims continue to stir up, just more turmoil adding to he mix.
As I said before, a #$%$ is coming on a global scale.
Believing peaceful religious congregation to be protected free speech says nothing about my position on taxation. But I tend to favor a system that taxes each dollar when it is spent (which includes contributed), not when it is earned. In this way charities, advocacy groups, religious organizations, singles and married couples would be on the same tax level and you could throw the current tax code away.