Quote from fkbsuhites:
using a continuous price chart such as the SPY, stocks still have another 20% up move from here.
Will there be a pullback? sure there will always be one or two good ones. Any pullbacks will be buying to add to core positions.
Economy is strengthening and large dumb funds holding cash and dumb retail money will be jumping in once yearly taxes are squared off. Things may slow down at the end of the year as earnings begin to decelerate again.
This is a good year for stock bulls. It's going to get more vicious for dumb short sellers. Which appears to be most here on ET. But then again I wonder how many of you actually trade for a living. Probably no more than 5 members out of the entire board.
We shall see. Lay down your money holmes. Buy, buy, buy tomorrow for the big run-up. I am sure by June 31st you'll be sitting on a big pile of profits.