Wow amazing how this thing squirts up so quickly. I guess with zero sellers nothing gets in the way.......AT THE HIGHS OF THE SESSION.....SCREAMS CNBC
These are corrections on the s$p since 1965, now I don't know why the chart shows 2012 as a correction since it was only down 9.94%, a correction is considered 10% or more, SO I'm ruling out 2012 as a correction and just a small dip, so if you think about it the last correction was in 2010, 5 years ago today it started......
even if you want to include 2012, thats still 3 years since any correction has taken place....
think about that 3 years? Anytime the dow sinks 3% people start to worry like its literally a 32% correction, thats the problem of not having any pull backs, even the slightest 2% drops will get anyone worked up, so just imagine a correction of 8% or 12% or 20% or even a 32% correction would do, the psychology of this market now is not the same as it was just a decade ago, this market is trading in a fairy tale, thats the problem, when the next severe correction takes place its going to catch every single person off guard, I guess everyone thinks the markets are headed for another 200%+ rally the next 5 years....they are going to be proven very wrong...
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WOW
$1,000,000,000,000 worth of buy backs in 2015 , a new record...
One FUCKING TRILLION DOLLARS
2007 was the old record $657,000,000,000 with a B
something is wrong here, everyone is looking at this as being extremely positive, i guess it is I mean the market goes up every day.....
nothing but upside, nothing but upside......
yesterday a record of $70 Trillion worth of global market equity value and today
$1,000,000,000,000 worth of stock buybacks....
..zero risk, zero downside....
KATIE STOCKTON IS SUPER SUPER SUPER BULLISH!!!!
EVERYONE IS BUBBLICIOUS about this RALLY, I remember in past times when everyone was this bullish, I remember talks about DOW 40,000 and 100,000, ahhh we all know what happened,....
but just keep buying.....
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So what that chart clearly shows is between 1983 and 1997 you'd have been bellyaching about no corrections for 13.5 straight years. Not sure who you would have blamed back then. And I do know that you posted on here that the dot com bubble ended in 1997, when in fact the Nasdaq skyrocketed in 1998 and 1999. In other words, you'd have missed the true bubble.
Can you learn from history while ironically posting data that contradicts what you think you are saying on here ? Instead of complaining about a 9.94% drop disappointing you, you might want to actually learn what this chart is telling you. Are you intelligent enough to understand this ?
I don't know about you, but I think you forgot about 1987.....you know that one big day collapse, it was all over the news, that won't happen today though because the little bitches on wall street put circuit breakers in and not only that but we would see yellen all over the news trying to calm wall street with more worthless QE ...so between 1983 and 1997 there were actually 2 big bear markets...
One in 1987 where the S&P fell 33%
&
another bear market (well close to a bear market) in 1990 when the markets fell close to 20%
There was also one in 1998, another 19% drop in the market....
then the dot com collapse in 2000
and the financial crisis in 2007
Im wondering what they are going to call this next collapse...Ill work up some names and get back to you on that...
You seem oblivious to the fact that share buybacks are indicative of strength in the companies balance sheets and belief in their future earnings. They believe their own companies are the best use of their money. This seems to gone over your head.
You seem oblivious to the fact that share buybacks are indicative of strength in the companies balance sheets and belief in their future earnings. They believe their own companies are the best use of their money. This seems to gone over your head.