The way it is going the last two hours that will happen tonight, futures now at 1332.50
Quote from GrandSupercycle:
The equity rally since Aug 2010 has continued for longer than expected â similar to what happened after I began my warnings in early 2007 but the market decline didnât start until mid 2007.
Despite market intervention/QE, natural market forces can not be stopped â only delayed.
When the market does reassert control, the reaction (the overdue correction) may be even more extreme due to that delay.
Key global indexes are now extremely overextended and itâs concerning.
The chart pattern at my blog remains valid but whatever patterns eventuate, my indicators continue to warn that March 2009 lows will be breached.
Quote from Nine_Ender:
The March 2009 lows will likely NEVER be breached in our lifetime. You missed your entry point deal with it. I'll get on here every year and check back with you, and you explain why we haven't breached yet.
You are reminding me of the guy on here who said we wouldn't hit Dow 12,000 "for 8-10 years if ever". That was less then a year ago he posted it. Permabears are overly dramatic like this, I think some of you guys just want to keep guessing until you hit some down event ( even if it takes 20 years ), then you'll market yourself as some guru and sell garbage to unwitting retail investors.
Quote from Nine_Ender:
The March 2009 lows will likely NEVER be breached in our lifetime. You missed your entry point deal with it. I'll get on here every year and check back with you, and you explain why we haven't breached yet.
You are reminding me of the guy on here who said we wouldn't hit Dow 12,000 "for 8-10 years if ever". That was less then a year ago he posted it. Permabears are overly dramatic like this, I think some of you guys just want to keep guessing until you hit some down event ( even if it takes 20 years ), then you'll market yourself as some guru and sell garbage to unwitting retail investors.