So let's check out the facts.
The Dow has had 51 historical Record closings in 2017.....51!!!!!!!
Now I'm really really pondering...like really pondering what if there were 51 multi year record closing lows...you know..lows going back to 2012 ...I'm not even talking 2009 lows....how much would have the fed intervened by now......no one cools the market on the way up, but when it's falling they have circuit breakers, trillions in QE, emergency fed meetings, cnbc on air 24 hrs even on Sundays they have on air specials, they would be injecting markets with stimulus....and tarp and all these special incentives to push it back up......I'm reading article after article that state the market is in it's own euphoria and that a 5% drop is probably impossible....when this market finally falls apart it's going to be greater than any collapse the world has ever witnessed.... All this talk about the 30th year anniversary of 1987 has me cracking up....a 20% drop today in one day is impossible...with the fed backing up every piece of this market, a 1987 drop is impossible...why people even think it's possible and bring it up is Ludacris....there is too many trillions to risk . No way would they ever let it free fall.. however let it rise to 51 record closings in one calendar year well that's no problem, they just turn the other way until they are needed once again....when that is is anyone's guess....
The Dow has had 51 historical Record closings in 2017.....51!!!!!!!
Now I'm really really pondering...like really pondering what if there were 51 multi year record closing lows...you know..lows going back to 2012 ...I'm not even talking 2009 lows....how much would have the fed intervened by now......no one cools the market on the way up, but when it's falling they have circuit breakers, trillions in QE, emergency fed meetings, cnbc on air 24 hrs even on Sundays they have on air specials, they would be injecting markets with stimulus....and tarp and all these special incentives to push it back up......I'm reading article after article that state the market is in it's own euphoria and that a 5% drop is probably impossible....when this market finally falls apart it's going to be greater than any collapse the world has ever witnessed.... All this talk about the 30th year anniversary of 1987 has me cracking up....a 20% drop today in one day is impossible...with the fed backing up every piece of this market, a 1987 drop is impossible...why people even think it's possible and bring it up is Ludacris....there is too many trillions to risk . No way would they ever let it free fall.. however let it rise to 51 record closings in one calendar year well that's no problem, they just turn the other way until they are needed once again....when that is is anyone's guess....
