Has the correction begun?

Still above 20sma, 20sma still strong and upward and market has pulled back 200pts from low's which is strength, people bought the dip, be those guys, don't be the guy that tries to call a top.

Also worth noting for ages, all down trends have been fast and hard but over just as fast and hard.
 
notagain said:
Bulls way to strong, waiting for AAPL earnings
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I dont really haVe an opinion on AAPL, frequent sell off a bit after any earnings is common;
but tech is so strong 1st ''+ '' last quarter, should knoW something by this weeks close :caution::caution:,:cool::cool::cool::cool::cool::cool::cool:...............................................................................................
 
trader1974 said:
Prices do not rise forever
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Really?
Not a single investor in the S&P, Naz, or DOW that bought anytime since 1896 and held have lost money.
The U.S. market is designed to go up.
Every two weeks a portion of people’s paychecks go into the market. And when all else fails the Fed gives out free trillions to make it go up.
 
Clubber Lang said:
Really?
Not a single investor in the S&P, Naz, or DOW that bought anytime since 1896 and held have lost money.
The U.S. market is designed to go up.
Every two weeks a portion of people’s paychecks go into the market. And when all else fails the Fed gives out free trillions to make it go up.
More...

You know I opened up a retirement account and took notice of that. Every 2 weeks I see it enter into the account, now take 10s of millions of retirement accounts, there are billions and billions of dollars buying into this market on a weekly basis when payday comes and all those 401ks and 403bs are sucking money from your pay check straight into the market. That's definitely a reason for market upside based on that just alone. Add in the fed with their free trillions amd trillions of dollars and how can the market not just go straight up!!!!
 
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