Never Over Extended

Quote from tubytrader:

Seriously no one thinks this market is a bit overextended????

Not even close. Where you around in the late 90's? This rally has been tame as shit. Wait till we get some real fuel on this fire. LOL.
 
Quote from tubytrader:

Seriously no one thinks this market is a bit overextended????
Somebody does.

And he's paying the price... :(



thorn


Registered: Mar 2006
Posts: 707


01-25-07 10:44 AM

Guaranteed that the s&p topped yesterday, and will not see that level for many, many months. I'm heavily short, and I know the s&p will be negative this year. The current s&p price is 1430.

Look out below!





<img src="http://ichart.finance.yahoo.com/w?s=%5EGSPC"/>
 
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