market up huge ..october 10th lows still hold after today. Some people are sending me PM's asking why I don't just sell. With days like today, I see no need to sell. I think this is just the start of a steady, massive rally to 14,000 within 14 months or so. The fundamentals of the US economy have not changed since June 2007. This whole recession and crisis is a hoax. It's all a delusion.
How Do We Nail the Bottom?
- Thread starter netedge
- Start date
Until proven otherwise I have to look at Friday as nothing more than a one-day relief rally. We have had several of those and they are always followed by massive sell-offs.
The markets liked the new Treasury team and this may create some long term stability. However, I want to see the VIX move into the 40's and until then it's assumed we will continue to have selloffs to the rallies.
The VIX continues to signal there is no reliability to the markets or the rallies.
The markets liked the new Treasury team and this may create some long term stability. However, I want to see the VIX move into the 40's and until then it's assumed we will continue to have selloffs to the rallies.
The VIX continues to signal there is no reliability to the markets or the rallies.