S&P has topped for 2006

[fusionz]

well 03 also had little pullbacks from march-december and the market was up 25%.

 

[EqtTrdr]

Quote from fusionz:

well 03 also had little pullbacks from march-december and the market was up 25%.

very little pullbacks...

been almost 1000 days since 10% correction....

 

[brandon12]

thats true about 03 but that was coming off a huge bear low of 7500 this was coming off a market thats had barley fallen in 3 years which makes it even more the amazing. also in the summer of 03 we corrected 3 or 4 %. 1000 days without a 10% correction is almost a record and also amazing is not even a 1% down day in like 85 days or 17 weeks which is mind boggling. never in history of the world maybe have 2 back to back bubbles in the same asset class happened in succesion like stocks. every other time when a bubble popped it stayed down for a decade or 2 not right back up

 

[jan168]

True;
but...
has market comimg down during election year???
Jan

 

[Restricted]

Quote from EqtTrdr:

very little pullbacks...

been almost 1000 days since 10% correction....

The big funds know next year will be shit. It's all or nothing this year and they have alot of inventiry to unload to the public. I dont know where the actual top will be but all these targets of 1750-1800 spx next year are an insulting joke.

 

[polpolik]

Quote from brandon12:

every other time when a bubble popped it stayed down for a decade or 2 not right back up

But that was back when USA didn't have all these "wealth" and most regular joe blows don't have Brokerage accounts like we do let alone access it within a few seconds.

 

[EqtTrdr]

I love how all fear is totally gone

 

[brandon12]

why have fear when the markets hardly dropped 150 pts in 4 months? this is the most non volatile bullet proof market in decades

 

[JamesVU2000]

Capital markets are convinced that the system is bullet proof. Its permanent prosperity for everyone

 

[Maverick74]

Quote from JamesVU2000:

Capital markets are convinced that the system is bullet proof. Its permanent prosperity for everyone

Why are you guys going apeshit over this rally? It's really not that significant. Are you guys really that short?